Department of Finance Canada announced rural housing and health-care measures.
The new Tax-Free First Home Savings Account, which is a registered savings account that allows Canadians to contribute up to $8,000 per year (up to a lifetime limit of $40,000) for their first down payment; and,.
This increase delivers up to $60,000 in loan forgiveness for family physicians and family medicine residents and up to $30,000 for nurses and nurse practitioners working in under-served rural and remote communities.
Nearly $4 billion towards ending chronic homelessness, through Reaching Home, Canada's Homelessness Strategy.
For renters and municipalities, public funding and financing can affect how quickly affordable or purpose-built rental homes are added.
The $4 billion Housing Accelerator Fund is incentivizing municipalities to make transformative changes by removing zoning barriers and ramping up housing construction.