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Ottawa91裸聊视频檚 housing strategy offers $1 billion a year

Finance Minister Bill Morneau promises 91裸聊视频榥ew partnership91裸聊视频 with provinces
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The federal budget includes new funds to improve housing affordability. (Black Press files)

The Justin Trudeau government91裸聊视频檚 new national housing plan promises about $1 billion a year for the next decade to help bring housing costs into reach for more Canadians.

Finance Minister Bill Morneau91裸聊视频檚 second budget, , promises a 91裸聊视频渞enewed partnership91裸聊视频 with provinces, and an additional $11.2 billion over 11 years to increase housing affordability.

That is on top of last year91裸聊视频檚 budget commitment to fund 91裸聊视频渓ow-cost loans and new financing tools to encourage municipalities, housing developers and non-profit housing providers to develop more affordable rental housing units.91裸聊视频

A centrepiece of Morneau91裸聊视频檚 budget is skills development, to help people adapt to a rapidly changing economy, focused on agri-food, digital industries, 91裸聊视频渁dvanced manufacturing,91裸聊视频 clean technology and bio-sciences.

Employment Insurance premiums are going up five cents next year, while parental leave can be extended to 18 months, at a lower rate of one third of average weekly earnings.

Operating deficits continue to soar in the federal government91裸聊视频檚 plan, projected to go from $23 billion in the current fiscal year to $28 billion in 2017-18. The budget forecasts the government would still be in the red $19 billion by 2021-22. Trudeau campaigned in 2015 on a promise to run deficits no larger than $10 billion a year and balance the operating budget by 2019.

Aaron Wudrick of the Canadian Taxpayers91裸聊视频 Federation said weaker projected revenues combined with new spending will see the debt pile up to the point where interest costs alone will be $143 billion over the next five years.

Wudrick praised some measures, including a promised spending review for government departments, a commitment to expand free trade between provinces and an effort to crack down on tax evasion.

Conservative interim leader Rona Ambrose said the government91裸聊视频檚 vaunted tax cut for the middle class last year has been eaten away by tax and fee increases. 91裸聊视频淚t91裸聊视频檚 like they91裸聊视频檙e nickel and diming everyone,91裸聊视频 Ambrose said.

Burnaby MP Kennedy Stewart, the federal NDP91裸聊视频檚 B.C. caucus chair, pointed to cuts of more than $1 billion for Canada91裸聊视频檚 climate change framework over two years.

91裸聊视频淎fter promising real change, Justin Trudeau adopted Stephen Harper91裸聊视频檚 environmental assessment process and climate change targets,91裸聊视频 Stewart said. 91裸聊视频淭his budget shows British Columbians the Liberal government is more of the same.91裸聊视频





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