Bill Detail
An Act to authorize certain payments to be made out of the Consolidated Revenue Fund for the purpose of improving housing supply ✓ Became Law
This enactment authorizes payments to be made out of the Consolidated Revenue Fund to the provinces and territories for the purpose of improving housing supply.
Bill C-26 allows the federal government to provide financial assistance to provinces and territories specifically for the purpose of increasing the availability of housing. The Minister of Finance is authorized to disburse a total of $1.713 billion from the Consolidated Revenue Fund to achieve this goal.
This initiative aims to address the housing supply shortage across Canada. The funds are intended to support projects and initiatives that will lead to more housing being built or made available. Ultimately, this bill affects all Canadians by aiming to improve access to housing and potentially stabilize housing costs.
Legislative Timeline
Votes
Yes / No Ratio
How each party voted
| Party | Position | Yes | No |
|---|---|---|---|
| Bloc | Yes | 100% | 0% |
| Conservative | No | 0% | 100% |
| Green | Yes | 100% | 0% |
| Liberal | Yes | 100% | 0% |
| NDP | Yes | 100% | 0% |