| Housing, Infrastructure and Communities Canada
| news releases
The federal government is investing $10 million for 18 applied research projects that explore specific, impactful ways to help Canada meet its housing and infrastructure needs.
| Housing, Infrastructure and Communities Canada
| media advisories
Members of the media are invited to an infrastructure announcement with the Honourable Sean Fraser, Minister of Housing, Infrastructure and Communities, and Her Worship Nancy Dicks, Mayor of the Town of New Glasgow and Chairperson of the Pictou County Transit Authority (PCTA).
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, and the Honourable Sean Fraser, Minister of Housing, Infrastructure and Communities, announced the 2024 Fall Economic Statement will double the loan limit for the Canada Secondary Suite Loan Program to $80,000, and launch the program in early 2025. This will make it easier for homeowners to convert an unused basement into a rental apartment or a garage into a laneway home to increase density in our communities.
Inflation was two per cent in October. This means that inflation has been within the Bank of Canada’s target range for the past ten months, or the entire year. Notably, interest rates have already declined four times, and Canada was the first G7 country to cut interest rates.
Our government will continue working to ensure Canadian financial consumers are treated fairly, by ensuring Canadians have access to high-quality, affordable banking options.
On December 10, 2024, Brigadier-General Vanessa Hanrahan was officially recognized as the new Canadian Forces Provost Marshal (CF PM) and assumed command of the Canadian Forces Military Police Group (CF MP Gp) from Major-General Simon Trudeau