Canada's fiscal update includes new spending for housing supply

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Canada,Fiscal Update,Housing Supply

The federal government's fiscal update includes billions of dollars in new spending and targeted policy measures aimed at increasing Canada's housing supply. The Canadian government is also implementing a three-year pause to the federal carbon price on deliveries of heating oil.

The federal government's fiscal update presented by Deputy Prime Minister and Finance Minister Chrystia Freeland on Tuesday includes billions of dollars in new spending and targeted policy measures aimed at increasing Canada 's housing supply in the years ahead.

The Canadian government is doubling the pollution price rebate rural top-up rate, and implementing a three-year pause to the federal carbon price on deliveries of heating oil in all jurisdictions where the federal fuel charge is in effect, Prime Minister Justin Trudeau announced Thursday. During his historic visit, Ukrainian President Volodymyr Zelenskyy offered repeated thanks to Canada for its continued support for his country as it continues to defend itself from Russia's invasion

Source: Real Estate Daily Report (realestatedailyreport.net)

Canada Fiscal Update Housing Supply Carbon Price Heating Oil Ukraine Russia

 

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