Freeland announces $1.2 billion in funding for 2,600 new rental homes in Toronto

Canada's Deputy Prime Minister Chrystia Freeland has announced $1.2 billion in funding for 2,600 new rental homes in Toronto.

The government says more than 71,000 new rental housing units will be built across Canada by 2027-28.

Freeland said the government is taking several steps to make housing more affordable.

She said the federal government is working with provincial, territorial, municipal and Indigenous governments to build more and faster housing to make housing affordable for all Canadians.

It is worth noting that housing remains a major challenge for the Liberal government.

Opposition parties are making it an issue and the Liberals are trailing the Conservatives in many polls.