Toronto – Canadians work hard to be able to afford a home. However, the high cost of mortgage payments are a barrier on the path to homeownership, especially for Millennials and Gen Z. To break down these barriers and help more young Canadians buy a first home, Budget 2024 announced the federal government would allow up to 30 year amortizations …
Markham – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, visited Markham District Energy—the city’s public energy utility and Canada’s fastest growing energy utility—to highlight how federal investments are expanding Markham’s affordable, low-carbon energy network to more residents and businesses. Markham District Energy’s network is already delivering reliable, cost-efficient heating and cooling to over 15 million square feet across …
Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, welcomed the announcement of the Canada Growth Fund’s sixth investment. The Canada Growth Fund and Strathcona Resources—Canada’s fifth-largest oil producer—have agreed to invest up to $2 billion combined to build carbon capture and sequestration infrastructure on Strathcona’s steam-assisted, gravity drainage oil sands facilities in Saskatchewan and Alberta. Upon completion, the …
Toronto – High-speed internet access is more essential than ever to keep Canadians connected. Chrystia Freeland, Deputy Prime Minister and Minister of Finance, highlighted that the Canada Infrastructure Bank (CIB) has invested more than $2 billion in eight internet service providers. This investment is supporting high-speed internet projects, connecting 430,000 more rural and remote Canadians households. Through the CIB’s partnerships with …
Toronto – Harbourfront Centre is Toronto’s waterfront home to arts, cultural, and recreational programming. Budget 2024 takes action to empower artists and art organizations to make our communities more inclusive, vibrant, and resilient—so that every generation has a fair shot at a good middle class life. Starting this year, the federal government will provide $10 million over two years to support …
Budget 2024 is seizing the opportunities of today to build a Canada that works better for every generation. Ottawa – First, the government is delivering fairness for every generation with a housing plan that includes nearly 4 million new homes, transformative expansions to Canada’s social safety net to make life cost less and ensure Canadians get the care they need, …
Winnipeg – The federal government launched a new Co‑operative Housing Development Program to support a new generation of co-op housing in Canada and help make housing more affordable. For decades, co-ops have provided Canadians with secure, affordable, and community-oriented homes. The new $1.5 billion program – co-designed with the Co-operative Housing Federation of Canada and other leaders in the co-op sector – will provide …
Toronto – The Government of Canada is marking new milestones toward making oral health care more accessible and affordable in Canada. This week two million Canadian seniors will have been approved to receive coverage under the Canadian Dental Care Plan (CDCP) and will be able to access the dental care they need. To date, more than 90,000 seniors have received care from participating providers. For …
Ottawa – Canadians deserve better health care and a stronger social safety net. And, Canada’s success is the success of younger generations. We’re making health care more affordable and more accessible for every Canadian who needs it. Chrystia Freeland, Deputy Prime Minister and Minister of Finance; Mark Holland, Minister of Health; and Randy Boissonnault, Minister of Employment, Workforce Development and …
Kanata – Every child deserves the best start in life. But for young families, including Millennial and Gen Z parents in Kanata and across the country, the costs of child care can add up to a second rent or mortgage payment. This makes it harder to start and support a family, and as a result, parents—especially moms—often face impossible choices …
