19.3°C Vancouver

Nov 20, 2023 7:34 PM - The Canadian Press

Government of Canada will present mini budget tomorrow

Share On
government-of-canada-will-present-mini-budget-tomorrow
Finance Minister Chrystia Freeland is set to table the fall economic statement on Tuesday (photo :The Canadian Press )

Finance Minister Chrystia Freeland is set to table the fall economic statement on Tuesday, and she has already signalled that both issues will be front and centre.On housing, Freeland has previously indicated the government is looking at making more public land available and trying to address the strain short-term rentals are putting on supply

.But she's remained relatively tight-lipped on other specifics expected in the update, and has indicated the government "won't be able to do everything" due to limited funds.

According to sources, the new measures will include a $15 billion loan over 10 years to build rental housing and a dedicated $1-billion fund for affordable housing. Lending facility to builders Canadathrough the Mortgage and Housing Corporation. In addition, changes in mortgage regulations can be made to provide relief to home owners facing risk.

Latest news

trump-orders-lake-ontario-renamed-lake-america-amid-canada-u-s-trade-war
WorldAug 27, 2026

Trump Orders Lake Ontario Renamed ‘Lake America’ Amid Canada-U.S. Trade War

U.S. President Donald Trump has signed an executive order seeking to rename Lake Ontario “Lake America” with immediate effect, amid escalating tensions between Canada and the United States over trade. The lake, which lies along the Canada-U.S. border, has become the latest target of Trump’s symbolic naming campaign after trade talks between Washington and Ottawa broke down completely. Trump had threatened in recent days to take the symbolic step, although it was initially unclear whether the U.S. president was serious about actually changing the name. Canadian officials, however, have al
two-killed-in-early-morning-crash-on-highway-19-near-lantzville
BCAug 27, 2026

Two Killed in Crash Near Lantzville; 16-Year-Old Driver Charged

Two people were killed in a serious crash involving a Volkswagen Jetta and a Kia Sedona minivan on Highway 19 near Lantzville on Vancouver Island early Friday morning. According to B.C. Highway Patrol, the collision occurred around 3 a.m. near the intersection of Ware Road, involving two vehicles travelling in the southbound lanes. Police said two occupants of the Volkswagen died at the scene. The 16-year-old girl driving the Kia minivan was also injured and remains in hospital for treatment. The teenage driver has been charged with impaired driving causing death and dangerous operation of a m
BCAug 27, 2026

Vancouver Eases Water Restrictions, Lawns Can Be Watered Once a Week From Sept. 1

Metro Vancouver is set to ease its water restrictions from Stage 2 to Stage 1 starting Sept. 1, allowing residents and businesses to water their lawns once a week. Under Stage 1, residential properties with even-numbered addresses can water their lawns on Saturdays, while odd-numbered addresses can do so on Sundays. Automatic watering is permitted from 5 a.m. to 7 a.m., while manual watering is allowed from 6 a.m. to 9 a.m. For commercial properties, lawn watering will be allowed on Mondays for even-numbered addresses and Tuesdays for odd-numbered addresses. Trees, shrubs and flowers can als
anita-anand-confirms-30-canadians-missing-after-nepal-tibet-floods
CanadaAug 27, 2026

Anita Anand Confirms 30 Canadians Missing After Nepal-Tibet Floods

Canada’s Foreign Affairs Minister Anita Anand has confirmed that 30 Canadian citizens and permanent residents are among the hundreds of people reported missing following severe flooding and landslides in the border region between Nepal and Tibet. In a statement issued Thursday, Anand said Canadian officials are in continuous contact with local authorities and international partners to support the safe return of Canadians in the affected areas and assist their families. However, the minister said there is currently no confirmed information about the whereabouts or well-being of the missing Ca
man-sentenced-to-3-years-in-2023-vancouver-homicide-case
BCAug 27, 2026

Man Sentenced to 3 Years in 2023 Vancouver Homicide Case

A 43-year-old man, Dustin Gastel, has been sentenced to three years in prison for desecrating human remains in connection with a 2023 homicide in Vancouver’s Downtown Eastside. The case came to light on January 3, 2023, when Vancouver Fire Rescue Services discovered burned human remains while extinguishing a suspicious outdoor fire near Powell Street and Raymur Avenue. Police later identified the victim as 34-year-old Jeff Genty, who was the first homicide victim recorded in Vancouver that year. According to Vancouver police, Gastel was sentenced by the court on August 10. His three-year sen

Related News