HomeBusinessJustin Trudeau to make an announcement about housing in Calgary Achi-News

Justin Trudeau to make an announcement about housing in Calgary Achi-News

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Achi news desk-

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.

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