What to expect in the 2022 federal budget

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What to expect in the 2022 federal budget
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\u0027This is a difficult budget to do... I don\u0027t envy the Finance Minister and finance officials to try and put this together given all the uncertainties that…

on March 29, focusing around areas such as electric vehicles, eco-friendly renovations and agriculture, but he omitted costing for a key promise.Article content

Municipal leaders, she said, will especially be looking at the federal budget to “scale up” the Rapid Housing Initiative, which provides new, affordable housing to vulnerable populations. The government agreed to extend the program another year after signing its deal with the NDP. The Liberals promised nearly $15 billion over five years for housing, including a Rent-to-Own program, a tax-free First Home Savings Account, as well as a multi-generational home renovation tax credit. They also promised to invest in 1.4 million homes over four years.

In 2020, the Parliamentary Budget Officer estimated the cost of a similar program. He said there would be a one-time, upfront cost of around $3 billion, “mostly to cover the treatment cost of untreated caries in the eligible population.”

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