Skip to Main content

13.22°^C Vancouver

News Entertainment Sports Videos Shows Podcast Contact Us

Apr 5, 2024 5:35 PM - The Canadian Press

Trudeau announces $600 million in loans, funding to jump-start homebuilding, rentals

Share On

trudeau-announces-600-million-in-loans-funding-to-jump-start-homebuilding-rentals

Trudeau says $50 million will go toward a homebuilding technology and innovation fund, with another $50 million to modernize and expedite construction.(Photo: twiter/Justin Trudeau)

The federal Liberal government plans a $600-million package of loans and funding to help make it easier and cheaper to build homes for owners and renters.

Prime Minister Justin Trudeau is making the announcement in Calgary, just the latest in a string of pre-budget announcements aimed at winning over younger voters.

Trudeau says $50 million will go toward a homebuilding technology and innovation fund, with another $50 million to modernize and expedite construction.

An additional $500 million worth of low-cost loans will foster projects with "innovative" construction techniques from prefabricated and modular housing manufacturers and other builders.

Finance Minister Chrystia Freeland will table the next federal budget April 16.

In Winnipeg on Thursday, Trudeau announced $1.5 billion to help non-profits acquire more rental units and ensure their affordability.

Latest news

AlbertaOct 09, 2026

Calgary Massage Therapist Faces Four More Sexual Assault Charges

A Calgary massage therapist is facing four additional sexual assault charges after four more alleged victims came forward. Police arrested 53-year-old Yuriy Zhivov in July in connection with an alleged incident during an appointment at Kinesio Massage Therapy, located on 17 Avenue SW, in August 2025. Following the release of information about the investigation, four additional victims contacted police, alleging that Zhivov had also committed criminal acts against them. As a result of the investigation, officers executed a search warrant at Kinesio Massage Therapy on October 1, 2026, and arrest

poilievre-pushes-back-against-musks-call-for-canadian-provinces-to-separate

Poilievre Pushes Back Against Musk’s Call for Canadian Provinces to Separate

Conservative Leader Pierre Poilievre has strongly criticized Elon Musk’s suggestion that Quebec, Alberta and Saskatchewan should separate from Canada, saying Canadians make their own decisions and should not waste time on foolish social media posts from people with no connection to the country. Speaking to reporters at a press conference in Burlington, Ontario, on Friday, Poilievre said the focus should remain on the real challenges facing Canadians, including rising grocery prices, the housing shortage and the future of the economy. He said Canada would not be affected by someone’s tweets

gaurav-yadav-appointed-permanent-punjab-dgp

IndiaOct 09, 2026

Gaurav Yadav Appointed Permanent Punjab DGP

The Punjab government has appointed IPS officer Gaurav Yadav as the permanent Director General of Police (DGP). He had been serving as the acting DGP since July 2022. With the appointment, Punjab Police will now have a permanent chief after operating under an acting DGP for nearly four years. The Punjab government had submitted a list of 14 IPS officers to the Union Public Service Commission (UPSC) for the selection of a permanent DGP.

poilievre-to-visit-alberta-to-deliver-speech-on-canadian-unity

AlbertaOct 09, 2026

Poilievre to Visit Alberta to Deliver Speech on Canadian Unity

Conservative Leader Pierre Poilievre has announced that he will visit Alberta next week to deliver a speech on Canadian unity, just ahead of a referendum on Alberta separating from Canada. Speaking at a news conference in Ontario, Poilievre said he would also conduct more grassroots campaigning in the province. Asked about tech billionaire Elon Musk’s comments suggesting that Alberta, Saskatchewan and Quebec should separate from Canada, Poilievre said Canadians decide their own future. The premiers of Alberta and Saskatchewan have dismissed Musk’s remarks.

CanadaOct 09, 2026

RCMP Union Raises Concerns Over Proposed Financial Crimes Agency

The RCMP union is raising concerns over Bill C-29, proposed legislation by the Canadian government to establish a new financial crimes agency to combat money laundering, online fraud and other financial crimes. Rob Farrer, president of the National Police Federation, told a parliamentary committee on Thursday that creating the new agency could further weaken the RCMP, which is already struggling with significant staffing and resource shortages. Under the government’s plan, 150 experienced RCMP investigators would initially be assigned to the new agency. Farrer objected to the proposal, argui

Related News

RCMP Union Raises Concerns Over Proposed Financial Crimes Agency

RCMP Union Raises Concerns Over Proposed Financial Crimes Agency

The RCMP union is raising concerns over Bill C-29, proposed legislation by the Canadian government to establish a new financial crimes agency to combat money laundering, online fraud and other financial crimes. Rob Farrer, president of the National Police Federation, told a parliamentary committee on Thursday that creating the new agency could further weaken the RCMP, which is already struggling with significant staffing and resource shortages. Under the government’s plan, 150 experienced RCMP investigators would initially be assigned to the new agency. Farrer objected to the proposal, argui

Canada Loses 68,000 Jobs in September as Unemployment Rate Rises to 6.5%

Canada Loses 68,000 Jobs in September as Unemployment Rate Rises to 6.5%

Canada’s job market lost 68,000 jobs in September, pushing the unemployment rate up slightly from 6.4 per cent to 6.5 per cent, according to Statistics Canada. The decline marks the second consecutive month of job losses. Canada lost approximately 42,000 jobs in August, wiping out all employment gains recorded so far this year. According to the report, the largest employment declines were recorded in educational services, health care and social assistance. Statistics Canada said the declining number of international students coming to Canada is one of the key factors contributing to job loss

Mark Carney May Visit India for 2027 Republic Day Celebrations

Mark Carney May Visit India for 2027 Republic Day Celebrations

India is considering inviting Canadian Prime Minister Mark Carney as the chief guest for its Republic Day celebrations on Jan. 26, 2027, according to media reports. The proposal remains at an early stage, and no formal invitation has been confirmed in the information provided. The reported consideration comes as India and Canada work toward finalizing a free trade agreement by the end of 2026. The negotiations are part of broader efforts to strengthen economic ties between the two countries. Relations between New Delhi and Ottawa have shown signs of improvement since Carney took office, follow

Legals

Journalism code of ethics

© 2021 AKASH Broadcasting Inc.

MANAGED BY STRATWIT

useful links

Accessibility Plan

Broadcasting Notice of Consultation

BC Children's Hospital