On Friday, Prime Minister Justin Trudeau announced his government's plan to tackle the housing crisis, which he promised will build nearly 3.9 million homes by 2031.
— extend the mortgage amortization period to 30 years for first-time homebuyers purchasing new builds; That includes setting aside another $8.1 billion over the next five years and spending $73 billion by 2044.Ottawa is setting aside $2.4 billion in the upcoming budget to build capacity in artificial intelligence.
Source: News Formal (newsformal.com)
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