this post was submitted on 07 Apr 2024
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[–] jadero@lemmy.ca 20 points 7 months ago (1 children)

That's 3 times what is being put into a federal housing program and AI already has people falling all over themselves to invest.

[–] Poutinetown@lemmy.ca 10 points 7 months ago (1 children)

This week, we announced a $15 billion top-up to the Apartment Construction Loan Program, a new $6 billion Canada Housing Infrastructure Fund, a new $1.5 billion Canada Rental Protection Fund, and a $400 million top-up to the Housing Accelerator Fund.

https://www.pm.gc.ca/en/news/news-releases/2024/04/05/changing-how-we-buildhomescanada

[–] jadero@lemmy.ca 2 points 7 months ago* (last edited 7 months ago)

Missed those. My bad. What led me to my error?

(Searching for announcement...)

Here it is.

Ok, I see where I went wrong. That was about low interest loans for those looking to improve the actual building process to reduce costs and accelerate construction.

Mea culpa.

E: and thanks for the correction.