In a 28-page document, the federal Liberals laid out their plan to improve housing affordability, combining previous housing-related funding announcements with new measures including tax incentives for builders, funding to improve data collection and a ban on “very large, corporate investors” buying single-family homes. (The Logic)

Talking point: The Liberals have made the housing affordability crisis a cornerstone of the upcoming budget. Prior to the release of the document, the government had already announced $23.5 billion in housing and housing-related infrastructure investments, accounting for the “lion’s share” of the $43 billion in spending the Liberals have announced during their pre-budget roadshow, according to a report by Scotiabank’s Rebekah Young. In a post on X, housing economist Mike Moffatt said the most significant new announcement Friday was a temporary change to a rate called the Accelerated Capital Cost Allowance from four to 10 per cent for purpose-built rentals, which will make such construction more profitable.