Montréal – Artificial intelligence (AI) has the power to strengthen our economy, boost productivity, and create exciting new opportunities for every generation, including Millennials and Gen Z. The global race to scale up and adopt AI is on, and Canada is at the forefront of this technology. Prime Minister, Justin Trudeau, participated in a fireside chat with global AI expert …
Can new mortgage reforms unlock homeownership for Canadians?
Ottawa – Canadians work hard to be able to afford a home. However, the high cost of mortgage payments is a barrier to homeownership, especially for Millennials and Gen Z. To help more Canadians, particularly younger generations, buy a first home, new mortgage rules came into effect on August 1, 2024, allowing 30 year insured mortgage amortizations for first-time homebuyers …
Building 4m homes, protecting renters, making it easier to buy home
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, …
Canada delivering tax fairness for every generation
Ottawa – The government is committed to tax fairness for Canadians. Today, Canadians pay tax on the income from their job. But currently, they only pay taxes on 50 per cent of capital gains, which is the profit generally made when an asset, such as stocks or a rental property, is sold. Chrystia Freeland, Deputy Prime Minister and Minister of …
Govt launches new $1.5b program to build new generation co‑op housing
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 …
What`s next step to universal access to free contraceptives in Canada
Toronto – Deputy prime minister Chrystia Freeland was in Toronto recently where she announced next step to universal access to free contraceptives in Canada. She said: Hello, and welcome to University—Rosedale. You are here in my home riding, which I have such a privilege to represent. I would like to start by acknowledging that we are gathered on the traditional …
Deputy PM speaks about building more $10-a-day child care spaces
Winnipeg – Deputy Prime Minister, Chrystia Freeland, recently spoke about building more $10-a-day child care spaces. She said: I do want to start by acknowledging that we are located on Treaty One territory, the traditional territory of the Anishinaabeg, Cree, Ojibway, OjiCree, Dakota, and Dene Peoples, and the homeland of the Red River Métis. I am so glad to be …