The federal government signals that it will require provinces to help financially with housing before cities can receive infrastructure funding.
to cover the transit revenue shortfalls municipalities were facing due to the pandemic.While some measures aim to put more money into people's hands — for example, there's a one-time $500 payment to those struggling to afford housing, as well as a new tax-free savings scheme for first-time home buyers — most of the new money is aimed at boosting Canada's housing supply.
That's not unusual — a number of federal initiatives call for provincial governments to provide matching funds. What is new, though, is that the federal government is tying transit funding to housing. Ford government unveils plans to fix soaring Ontario housing prices — but not everything's on the table
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