Trudeau continues his spree of housing announcements as we near Budget Day next week. This time, he zeroed in on the construction industry and helping those struggling to find housing – from facilitating the dream of homeownership to transitioning the unhoused – in the release of the new, multi-billion dollar plan.“We are changing the way we build homes in Canada," said Prime Minister Trudeau.
The government also announced $15 billion in additional loans for the Apartment Construction Loan Program to build a minimum of 30,000 new rental apartments in big cities, small towns, and rural communities will be proposed in Budget 2024. With this additional financing, the program is on track to build over 131,000 new apartments by 2031-32.
Student housing has also become an incredibly pressing issue. The government announced it will extend the existing GST exemption on rentals to student residences built by public post-secondary academic facilities.will lead a national effort to build affordable housing on federal, provincial, territorial, and municipal lands across the country.
This sprawling waterfront estate feels more like a luxury European villa than a typical cottage getaway, and its the perfect destination for full-family fun.Described in the listing as “rare art,” the sprawling property is unlike any other on the picture-perfect Shuswap Lake in BC, if not unlike any other in the entire country.In this series, presented by Spark, STOREYS explores British Columbia's spring market.