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Placeline/People
City Ottawa
State Province Ontario
Country Canada

Feds unlock extra $20 billion for rental construction financing

The federal government is unlocking another $20 billion in low-cost financing for the construction of rental housing across Canada, Finance Minister Chrystia Freeland announced Tuesday. The annual limit on the Canada Mortgage Bonds program, which raises funds for residential mortgage financing, is increasing to $60 billion to spur rental construction. (Sept. 26, 2023) 
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Source name: 
The Canadian Press
Unique identifier: CP168478161 
Legacy Identifier: n_Housing-Policy20230926T1530 
Type: Video 
Duration: 1m56s 
Dimensions: 1920px × 1080px     249.74 MB 
Usage rights: FOR ONE TIME USE ONLY. NO STORAGE FOR FUTURE USE. 
Create Date: 9/26/2023 3:30:00 PM 
Display aspect ratio: 16:9 
Tags
Bond
building
Chrystia Freeland
finance
freeland
funds
HOUSING
mortgage
Ottawa
property
rental properties
support