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Today, Finance Minister Chrystia Freeland tabled the 2024 federal budget, which largely focuses on the housing needs of renters and younger generations.

Many of the housing commitments outlined in the budget were announced as part of the federal government’s new housing plan, unveiled last week.

The Co-operative Housing Federation of Canada strongly supports the government’s sharp focus on housing.

B.C.’s housing sector celebrates the $1.5-billion Canada Rental Protection Fund, 🎉

The fund builds on the successful B.C. model, extending housing stability and affordability nationwide.

We appreciate the focus on improving social supports for low-income Canadians, but are disappointed to see a lack of new investments in affordable housing. Indeed, no number of social supports will do more for low- and middle- income Canadians than ensuring that everybody has access to a safe, secure, affordable place to call home.

Alas, despite communities across the country experiencing explosion in housing need, Budget 2023 does little to address Canada’s worsening housing crisis. Instead, it puts existing affordable housing at risk.

CHF BC welcomes the budget announced by the federal government on Tuesday, which will help more Canadians find a safe, secure and affordable place to call home. The federal announcement comes hot on the heels of last week’s provincial budget, which promised the biggest investment in affordable housing in BC’s history. Thom Armstrong, CHF BC’s … Continued