Prime Minister Justin Trudeau, centre, is flanked by Minister of Housing, Infrastructure and Communities Sean Fraser, left, and mayor of Halifax Mike Savage while making a housing announcement in Dartmouth, N.S. on Tuesday, April 2, 2024. Prime Minister Justin Trudeau is set to make a housing announcement in Winnipeg Thursday.
Trudeau’s visit comes a day after the federal government revealed another glimpse of what will be presented in the coming budget, announcing that it’s setting aside another $15 billion for an apartment construction loan program.Working with provinces and territories to build more homes, faster—like these ones—is priority number one. Let’s get to work.
The government says the new money will bring the program’s available funding to $55 billion and is aimed at building at least 131,000 apartments in the next decade.Trudeau also recently announced a $6-billion infrastructure fund to support homebuilding and a $400-million top-up to the housing accelerator fund.