September 19, 2026 09:04 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
‘No UPI above ₹2,000?’ Ghaziabad traders put up ‘cash only’ hoardings | Trump signs Russia sanctions bill: India faces fresh 100% tariff threat over Moscow oil | Caught using ChatGPT for exam answers, IIT Bombay student dies by suicide; students protest | Congress' Nandigram candidate arrested after Mamata's support amid TMC symbol row; Bengal bypoll gets chaotic | Gurugram murder shocker: Groom-to-be leaves sisters at Delhi restaurant to meet ex-colleague, found dead days later | Delhi horror: Teen allegedly gangraped, stabbed to death and dumped in field; dogs eat parts of body | TMC name, symbol frozen: EC tells rival factions to pick new identities ahead of Bengal bypolls | Married just 17 days ago: Hyderabad engineer mysteriously found dead at US home | ‘We will promote cash’: New UPI charge triggers trader backlash, Opposition protests | Gurugram biker crash: Main accused Kalyan Bainsla sent to police custody for 2 days
Canada Housing
Photo: Mark Carney/X

Canada launches $51B infrastructure fund to boost housing, community projects

| @indiablooms | Apr 08, 2026, at 12:29 am

The Canadian government on Thursday launched a C$51 billion infrastructure programme aimed at accelerating housing development and upgrading critical public services as it seeks to ease pressure on communities and support economic growth.

Prime Minister Mark Carney announced the rollout of the Build Communities Strong Fund, first unveiled in Budget 2025, alongside the fund’s inaugural project, a C$64 million community centre and park in Brampton, Ontario.

The Embleton Community Centre and Park project will include a 175,000-square-foot facility with recreational, childcare and fitness amenities, marking the first of 13 projects backed by an initial C$300 million in federal funding.

The government said the fund would support the construction of essential infrastructure such as hospitals, transit systems, water networks and educational facilities, while helping unlock housing supply by reducing development bottlenecks.

Officials estimate the programme will leverage nearly C$17 billion in provincial contributions, alongside additional municipal and private investment, and support an average of 42,000 jobs annually.

The initiative is also projected to add C$95 billion to Canada’s GDP over the next decade.

The funding will be distributed through three streams, including C$17.2 billion for provincial and territorial infrastructure projects, C$6 billion for direct federal delivery of major projects, and C$27.8 billion for community-level infrastructure such as roads, bridges and water systems.

According to a statement, housing-enabling infrastructure, including transit, roads and utilities, will be a key focus, with provinces required to match federal funding and take steps to lower construction costs, including reducing development charges.

“Canada’s new government is on a mission to build big things,” Carney said, adding the programme would help deliver “the housing and infrastructure Canadians need".

The initiative comes as Canada faces mounting housing shortages and infrastructure strain, driven by population growth and urban expansion, prompting governments to accelerate investment in public works and housing supply.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.