Achi news desk-
CALGARY –
Prime Minister Justin Trudeau is expected to make a housing announcement in Calgary today as part of a nationwide campaign-style pre-budget tour.
Trudeau is also scheduled to participate in a fireside chat this afternoon with members of the local business community.
The visit comes a day after a stay in Winnipeg.
The prime minister on Thursday announced a new $1.5 billion housing fund that he says will help non-profits acquire more rental units across Canada and ensure they remain affordable.
The Canada Rent Protection Fund will provide $1 billion in loans and $470 million in contributions to non-profit and other partners to help them acquire affordable rental units.
The fund will be part of the federal budget, which is to be presented on April 16.
This report was first published by The Canadian Press on April 5, 2024.
