June 12, 2026 04:00 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Mamata's nightmare deepens! Saayoni Ghosh, Dev, Rachana Banerjee among 19 rebel MPs seeking TMC split | Trump claims US 'ended war with Iran', Tehran yet to confirm a deal | Heartbreak for Indian sports: Manu Bhaker's mentor Jaspal Rana passes away at 49 | Three Indian seafarers, missing after US strike on tanker near Oman, confirmed dead | 'Choose your side': TMC MP Kalyan Banerjee's ultimatum to Mamata in open revolt against Abhishek | Fresh trouble for Abhishek Banerjee! Calcutta HC orders TMC MP to appear before CID in forgery case by 6 pm today | 'No resignation, no retreat': Cockroach Janta Party takes paper leak protest nationwide | TCS goes all-in on AI! Partners with Anthropic, gives Claude access to 50,000 employees | Viral video outrage! Ola driver brutally assaults 70-year-old man over spitting row; arrested after Shinde's personal intervention | Mamata under pressure! Third Rajya Sabha MP Prakash Chik Baraik quits, hints at BJP move
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.