{"id":563912,"date":"2026-03-27T08:09:37","date_gmt":"2026-03-27T08:09:37","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/563912\/"},"modified":"2026-03-27T08:09:37","modified_gmt":"2026-03-27T08:09:37","slug":"ottawa-proposes-1-7b-fund-to-help-provinces-lower-cost-of-homebuilding-2","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/563912\/","title":{"rendered":"Ottawa proposes $1.7B fund to help provinces lower cost of homebuilding"},"content":{"rendered":"<p><a class=\"\" href=\"https:\/\/www.cbc.ca\/news\/politics\" rel=\"nofollow noopener\" target=\"_blank\">Politics<\/a><\/p>\n<p>The federal government is proposing a $1.7-billion fund to help provinces and territories lower the cost of homebuilding.<\/p>\n<p>Federal funding meant to speed up housing construction<img decoding=\"async\" loading=\"eager\" alt=\"\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/03\/1774598975_50_default.jpg\" data-cy=\"author-image-img\"\/><a class=\"\" href=\"https:\/\/www.cbc.ca\/news\/politics\/author\/craig-lord-1.7462906\" rel=\"nofollow noopener\" target=\"_blank\">Craig Lord<\/a>  \u00b7 The Canadian Press  \u00b7 Posted: Mar 26, 2026 2:53 PM EDT | Last Updated: March 26<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.cbc.ca\/a\/assets\/texttospeech.svg\" alt=\"Text to Speech Icon\" width=\"44\" height=\"44\"\/><\/p>\n<p>Listen to this article<\/p>\n<p>Estimated 1 minute<\/p>\n<p>The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results.<\/p>\n<p><img decoding=\"async\" loading=\"eager\" alt=\"Two men in suits standing in front of a microphone.\"   src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/03\/1774598976_179_default.jpg\" data-cy=\"leadmedia-story-img\" fetchpriority=\"high\"\/>Minister of Finance and National Revenue Fran\u00e7ois-Philippe Champagne and Housing Minister Gregor Robertson made the announcement on Thursday. (Spencer Colby\/The Canadian Press)<\/p>\n<p>The federal government is proposing a $1.7-billion fund to help provinces and territories lower the cost of homebuilding.<\/p>\n<p>The federal funding is meant to help provinces reduce development fees or other levies on new housing to speed up the pace of construction in Canada.<\/p>\n<p>The money can also be used to boost productivity in construction and reduce internal trade barriers between provinces and territories to help get more homes built.<\/p>\n<p>Finance Minister Fran\u00e7ois-Philippe Champagne and Housing Minister Gregor Robertson announced the spending plan Thursday on Parliament Hill.<\/p>\n<p>While Prime Minister Mark Carney&#8217;s Liberal government has set an ambitious goal of doubling the pace of homebuilding in Canada, the mix of regulations, zoning restrictions and other barriers across provincial and municipal jurisdictions has been an obstacle to scaling up construction.<\/p>\n<p>The new funding depends on the Liberals passing legislation in the House of Commons and comes a day after Ontario announced it is working with Ottawa to temporarily remove the harmonized sales tax from some newly built homes for one year.<\/p>\n<p>ABOUT THE AUTHOR<img decoding=\"async\" loading=\"lazy\" alt=\"\"  src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/03\/1774598977_572_default.jpg\" data-cy=\"author-image-img\"\/><\/p>\n<p class=\"authorprofile-biography\">Craig Lord is a reporter with The Canadian Press.<\/p>\n<p><a class=\"reportIssue-MwDQL\" href=\"https:\/\/www.cbc.ca\/news\/corrections-clarifications-1.5893564\" rel=\"nofollow noopener\" target=\"_blank\">Corrections and clarifications<\/a>\u00b7<a class=\"reportIssue-MwDQL\" href=\"https:\/\/www.cbc.ca\/news\/email-cbc-contact-phone-tips-news-story-1.6466536\" rel=\"nofollow noopener\" target=\"_blank\">Submit a news tip<\/a>\u00b7Report error<\/p>\n","protected":false},"excerpt":{"rendered":"Politics The federal government is proposing a $1.7-billion fund to help provinces and territories lower the cost of&hellip;\n","protected":false},"author":2,"featured_media":563913,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[194295],"tags":[49,48,20739],"class_list":["post-563912","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ottawa","tag-ca","tag-canada","tag-ottawa"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/563912","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=563912"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/563912\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/563913"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=563912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=563912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=563912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}