2024 Federal Budget: "Fairness for every generation"
Today, Deputy Prime Minister
and Minister of Finance Chrystia Freeland tabled the 2024 Federal Budget:
“Fairness for Every Generation”. This year’s budget focuses on key themes of
housing, affordability, economic growth, and fairness for younger generations,
with several measures geared towards Millennials and Gen Z voters.
Housing measures include a $6 billion infrastructure program, a $400 million top-up of the already operational housing accelerator fund, and a $15 billion expansion of the apartment construction loan program. $600 million was also committed to a series of homebuilding innovation efforts aimed at scaling up modular and prefabricated homes. The government will also sell-off underused federal properties for building rentals, finding savings of $3.9 billion over 10 years.
Read Memo from IMPACT Public Relations