Basement Construction On a Rise

RED FM News Team surveyed key localities in Brampton and found that basement construction has been on a rise this year, as compared to previous years.

On further investigation, the following reasons came to light:

  • Basement market has become very lucrative in Brampton
  • Renting the basement is a way to secure income in uncertain times
  • Some also alleged that funds may have been diverted from government provided interest-free loans of up to $40000 under Canada Emergency Business Account towards such constructions.

On the show, host Shameel Jasvir asks listeners for their inputs.