Our focus today is unlocking the door to the middle class for millions of younger Canadians. In all we do, we dedicate ourselves to making a better life within reach for our younger generations. Because it is what you deserve. And it is what your parents and grandparents want for you, too.
Today it is worth reminding ourselves why Canada steps up—why we devote time and treasure to foreign policy and defence. Why we send Canadian soldiers, sailors, aviators, diplomats, aid workers, intelligence officers, doctors, nurses, medics, and engineers into dangerous places, even when Canadian soil is not directly at risk.
Over the coming days, and in the budget I will table later this month, we’ll reveal more of our no‑holds‑barred plan to wrestle down the costs of owning or renting a home.
That is why, in the budget, we will be announcing a new, $500 million Youth Mental Health Fund. The Fund will help community mental health organizations across the country provide more access to mental health care for younger Canadians right in their communities.
One of the biggest pressures in Canada right now, one of the biggest pressures on Canadians right now, is housing. And we know that this is especially true for younger Canadians, for low-income workers, for single-parent families, for people with disabilities, for seniors on fixed incomes.
That’s why I am so pleased to announce that, in the upcoming federal budget, we are going to top up the Apartment Construction Loan Program with a further $15 billion. That’s going to bring up the program’s total to more than $55 billion in funding.