Budget 2024: Liberals to earmark $1.5 billion to keep and create affordable housing units

📆 4/4/2024 3:34 PM
📰 iPoliticsCA

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Trudeau said the Canada rental protection fund would provide $1 billion in loans and $470 million in contributions to non-profit groups and other partners to allow them to acquire rental units and keep their prices down.

Prime Minister Justin Trudeau speaks during a press conference in an under-construction condo tower in midtown Toronto, Wednesday, April 3, 2024.

The upcoming federal budget will earmark $1.5 billion to help preserve and create affordable housing units, says Prime Minister Justin Trudeau. It’s the latest in a series of pre-budget housing announcements by the Liberals, who have eschewed tradition by preemptively unveiling key planks of the annual spending plan one-by-one in media events across the country.

Speaking in Winnipeg on Thursday,

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