Prime Minister Justin Trudeau has announced a $15-billion top-up to the federal government's Apartment Construction Loan Program and plans to leverage the soon-to-be $55-billion program to encourage provincial and territorial partnerships aimed at boosting rental units across Canada.Prime Minister Justin Trudeau greets contractors following a housing announcement in Dartmouth, N.S. on Tuesday.
Trudeau's "Canada Builds" announcement is the latest in a string of campaign-style announcements that are expected to continue until Finance Minister Chrystia Freeland tables Budget 2024 on April 16. "We're going to make the entire pot of funding available for matching partnerships and territories that come to the table with ambitious and fair housing plans," said Trudeau.What we know — and don't — about the national school food program
These include commitments to build on government, non-profit, community-owned and vacant lands and a commitment to streamline processes to cut development approval timelines to no longer than 12 to 18 months.