Ottawa targets 500,000 new homes per year, reviving large-scale federal involvement in housing construction not seen since the 1970s.
The plan introduces GST rebates, tax incentives, shared-equity schemes, and loan support to lower costs and accelerate building.
Analysts warn doubling output will be challenging given reliance on private developers and limited social housing contributions.
The strategy could gradually ease price pressures, though immediate relief for buyers remains limited amid elevated home values and borrowing rates.
