Housing front and centre as Freeland meets with Eby | 24CA News

Politics
Published 12.03.2024
Housing front and centre as Freeland meets with Eby  | 24CA News

Federal Finance Minister Chrystia Freeland says she stopped at a lately constructed downtown Victoria rental condominium constructing Monday earlier than assembly with British Columbia Premier David Eby, the place housing was slated to prime the agenda.

Freeland says her cease on the 23-storey Hudson House helped her spotlight Canada’s must construct extra houses expeditiously.


Click to play video: 'Federal government spends big on new B.C. Builds program'

Federal authorities spends massive on new B.C. Builds program


She says Hudson House, constructed with $100 million from the federal authorities’s Apartment Construction Loan Program, offers rental flats to 245 households, and is a component of a bigger neighbourhood improvement of 950 houses throughout six buildings.

Story continues beneath commercial

Freeland says housing will likely be a serious element of the federal authorities’s upcoming finances, attributable to be tabled subsequent month.


Breaking news from Canada and all over the world
despatched to your electronic mail, because it occurs.


Breaking news from Canada and all over the world
despatched to your electronic mail, because it occurs.

The federal authorities lately introduced it should make investments $2 billion within the B.C. New Democrat authorities’s lately introduced BC Builds program to construct extra middle-income rental housing to assist firefighters, paramedics and cops and others stay within the communities the place they work.


Click to play video: 'B.C. was ‘canary in the coalmine’ for Canada’s housing affordability crisis: Trudeau'

B.C. was ‘canary in the coalmine’ for Canada’s housing affordability disaster: Trudeau


Freeland says the federal authorities is trying to incorporate a number of the authorities’s housing program throughout Canada.

“For me, it’s actually pretty simple,” she says concerning the coming finances. “It’s housing, housing, housing. Supply, supply, supply, affordability, a strong economic plan that delivers great jobs and a real focus on younger Canadians.”

&copy 2024 The Canadian Press