Housing affordability, Canada’s green transition key budget planks as feds’ fiscal plan addresses ‘uncertain world’

The federal deficit is projected to hit $52.8-billion in 2022-23—down from the $58.4-billion the fall update projected—representing two per cent of Canada’s GDP.

Prime Minister Justin Trudeau and Finance Minister Chrystia Freeland stop outside the House of Commons before delivering the 2022 budget speech on April 7. The Liberals plan to invest billions to 'make the [housing] market fairer,' but Freeland cautioned that there’s no 'silver bullet' to put housing in reach for all Canadians.The Hill Times photograph by Sam Garcia

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BY SAMANTHA WRIGHT ALLEN

April 7, 2022

Finance Minister Chrystia Freeland’s second budget sets out $62.6-billion in new spending, with billions earmarked to make the hot housing market fairer, push Canada’s green transition, and bounce the country back from the COVID recession in an uncertain global ec...

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