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VICTORIA — Federal Finance Minister Chrystia Freeland says she stopped at a not too long ago constructed downtown Victoria rental condominium constructing Monday earlier than assembly with British Columbia Premier David Eby, the place housing was slated to high the agenda.
Freeland says her cease on the 23-storey Hudson Home helped her spotlight Canada’s have to construct extra houses expeditiously.
She says Hudson Home, constructed with $100 million from the federal authorities’s Residence Development Mortgage Program, gives rental residences to 245 households, and is a component of a bigger neighbourhood improvement of 950 houses throughout six buildings.
Freeland says housing can be a serious part of the federal authorities’s upcoming finances, as a consequence of be tabled subsequent month.
The federal authorities not too long ago introduced it’ll make investments $2 billion within the B.C. New Democrat authorities’s not too long ago introduced BC Builds program to construct extra middle-income rental housing to assist firefighters, paramedics and cops and others dwell within the communities the place they work.
Freeland says the federal authorities is trying to incorporate a few of the authorities’s housing program throughout Canada.
“For me, it’s really fairly easy,” she says concerning the coming finances. “It’s housing, housing, housing. Provide, provide, provide, affordability, a powerful financial plan that delivers nice jobs and an actual give attention to youthful Canadians.”
This report by The Canadian Press was first revealed March 11, 2024.
The Canadian Press
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