Freeland announced $199 million in funding to support low-income renters and shelters....
Freeland announced $199 million in funding to support low-income renters and shelters
Finance Minister Chrystia Freeland announced that the federal government will provide about $200 million in funding to support low-income renters and shelters.
This budget includes the following:
$100 million to create 4,000 affordable housing units
$50 million to help low-income tenants pay rent
$40 million to support homeless shelters and services
$9 million to create new programs to prevent homelessness
The funding will help low-income families find safe and affordable housing, Freeland said.
He also said the funding would help reduce homelessness in Canada.
This budget has been welcomed by housing support groups.
They said the budget is a positive step toward addressing Canada's housing crisis.
However, some groups said the funding was not enough and the government should do more to solve the housing crisis.
Canada's housing crisis has gotten increasingly worse in recent years.
Housing prices have risen significantly in many Canadian cities and many families are struggling to find affordable housing.
The Canadian government is committed to solving the housing crisis, and this budget is part of the government's efforts to solve this problem.
It is not yet clear what effect this budget will have on the housing crisis.
But this funding is a positive step toward helping low-income families find safe and affordable housing.
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