The federal agency, tasked with speeding up housing projects, will get the money to help it deliver 200,000 new homes across the country over the next decade. At least 10 per cent of that expansion has been earmarked for Indigenous housing projects. (The Logic)

Talking point: Canada is grappling with a growing affordability crisis with housing demand outstripping non-market housing supply, which stands at four per cent. The budget proposes putting an initial $1.5 billion over four years—and $387.4 million later—to turn federal lands into housing. It also plans to extend the ban on foreign purchases of existing residential properties by two years. The budget allocates $67.7 million over four years, starting in 2027-28, and $101.2 million later, to modernize housing data and create standards for modern construction methods. Other measures include amending mortgage insurance rules to encourage competition and streamlining the mortgage application process by letting the Canada Revenue Agency verify incomes.

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