Trudeau announces $600 million in loans, funding to jump-start homebuilding, rentals

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The federal Liberal government plans a $600-million package of loans and funding to help make it easier and cheaper to build homes for owners and renters.

Prime Minister Justin Trudeau greets contractors following a housing announcement in Dartmouth, N.S. on Tuesday, April 2, 2024. THE CANADIAN PRESS/Darren Calabrese

An earthquake shook the densely populated New York City metropolitan area Friday morning, the U.S. Geological Survey said, with residents across the Northeast reporting rumbling in a region where people are unaccustomed to feeling the ground move.The federal government intends to earmark more than $600 million in the upcoming budget for a series of new homebuilding innovation efforts aimed at scaling-up the development of modular and prefabricated homes in Canada.

The Edmonton Oilers will look to get back in the win column when they entertain the visiting Colorado Avalanche on Friday night.Canada, U.S to launch investigation into downstream pollution caused by B.C. coal miningWhile farmers in southern Alberta will soon be gearing up to plant this year’s crops, those in the St. Mary’s River Irrigation District now know how much water they’ll be receiving.Police in Langley, B.C.

A small town in northeastern Ontario is being inundated with interest after announcing a program that would see plots of land for new home builds being offered for as low as $10 along with a five-year property tax break.Officials in Ontario are expecting a significant drop in power — enough to supply energy to half the city of Toronto — as a rare total solar eclipse casts its shadow over the province on Monday.

 

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