OTTAWA — Finance Minister Chrystia Freeland is set to present the federal budget on Tuesday after a countrywide tour that teased many of the housing and affordability measures to be included in the document.
On Friday, Prime Minister Justin Trudeau announced his government's plan to tackle the housing crisis, which he promised will build nearly 3.9 million homes by 2031.
— extend the mortgage amortization period to 30 years for first-time homebuyers purchasing new builds; That includes setting aside another $8.1 billion over the next five years and spending $73 billion by 2044.Ottawa is setting aside $2.4 billion in the upcoming budget to build capacity in artificial intelligence.
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Liberals to explain how they will foot the bill for new spending in Tuesday's budgetOTTAWA — Chrystia Freeland donned fresh footwear for the benefit of the cameras today — a long-standing tradition the day before the finance minister presents the federal budget.
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