Government of Canada Announces New $1.7B Package to Boost Housing Supply
Government of Canada Announces New $1.7B Package to Boost Housing Supply
The Canadian government introduced Bill C-26, proposing a $1.7 billion fund to improve housing supply through transfers to provinces and territories that partner on this initiative. The funding aims to boost development and protect jobs in the homebuilding sector amid economic uncertainty. The impact will vary by region based on partnership participation, reflecting expert recommendations.