Canada budget earmarks C$45 billion for housing, exempts new builds from foreign-buyer ban
Canada’s federal budget includes C$45 billion over 10 years for housing measures and a stated goal of ending homelessness within a decade. The government says it will extend the foreign-buyer ban on existing homes for two years while exempting new builds. The spending plan allocates C$11.2 billion over four years for supportive and transitional housing and measures addressing mental health and addictions.