OTTAWA—Provinces and territories have agreed to fund a key financial pillar supporting the Trudeau Liberals’ decade-long housing strategy, vowing to spend billions to repair and build social housing units and create a new rental benefit.
Several of the key programs in the housing strategy unveiled in November rested on provinces and territories matching promised new federal funding to the tune of $8.6 billion. All regions, except Quebec, now have agreed to match about $7.7 billion in planned spending through to 2028.