The Liberal government’s 2024 federal budget tabled Tuesday held a clear focus on “fairness” among generations and efforts to make the housing market more affordable, particularly for younger Canadians feeling frustrated about their homebuying prospects. Experts who spoke to Global News after the budget’s release said there are signs of “hope” in the new spending … Read more
The federal Liberals have unveiled their plan to solve the housing crisis, building on recent announcements with new tax incentives, more than a billion dollars for homelessness and a country-wide effort to build more housing on public lands. “Today we are releasing the most comprehensive and ambitious housing plan ever seen in Canada,” Prime Minister … Read more
The federal government has announced a series of measures to make it easier for first-time buyers to break into the housing market with changes to the Home Buyers’ Plan and amortizations on some mortgages. Finance Minister Chrystia Freeland unveiled the changes Thursday morning, the latest housing-focused announcement ahead of her tabling the 2024 federal budget … Read more
By Staff The Canadian Press Posted April 3, 2024 12:24 pm 1 min read Descrease article font size Increase article font size The federal government is setting aside another $15 billion in the upcoming budget for its apartment construction loan program. Prime Minister Justin Trudeau says the funding will help build another 30,000 apartments within … Read more
Many of Canada’s provincial governments say they are not willing to go along with the conditions to access a proposed $6-billion infrastructure fund tying eligibility for federal cash to making it easier to build fourplexes. “I don’t believe in forcing municipalities, I believe in working with municipalities. I’ve walked a mile in their shoes,” Ontario … Read more
A drop-off in the flow of non-permanent residents coming to Canada in the years ahead could deepen a forecasted economic downturn, but a push to keep levels high would come with its own consequences, Desjardins is warning. A report from the financial institution released Wednesday examines the impact of incoming temporary workers and international students … Read more
Liberal MP Steven MacKinnon was sworn in as government House leader Monday at Rideau Hall, outlining his priorities for what he called a “consequential session of Parliament.” MacKinnon represents Gatineau, Que., and was the government’s former chief whip. He’s taking over temporarily from Karina Gould, who went on maternity leave last week. The Liberal MP from … Read more
