Trudeau announces $15B more for apartment construction loans
Prime Minister Justin Trudeau has announced a $15-billion top-up to the federal government's Apartment Construction Loan Program and says the government plans to leverage the soon-to-be $55-billion program to encourage provincial and territorial partnerships to boost the number of rental units across Canada.
![Trudeau announces $15B more for apartment construction loans](https://i.cbc.ca/1.7162266.1712159709!/cpImage/httpImage/image.jpg_gen/derivatives/16x9_620/housing-policy-20240403.jpg)
![Prime Minister Justin Trudeau speaks during a press conference in an under-construction condo tower in midtown Toronto, Wednesday, April 3, 2024. Prime Minister Justin Trudeau speaks during a press conference in an under-construction condo tower in midtown Toronto, Wednesday, April 3, 2024.](https://i.cbc.ca/1.7162266.1712159709!/cpImage/httpImage/image.jpg_gen/derivatives/16x9_620/housing-policy-20240403.jpg)
Prime Minister Justin Trudeau has announced a $15-billion top-up to the federal government's Apartment Construction Loan Program and says the government plans to leverage the soon-to-be $55-billion program to encourage provincial and territorial partnerships to boost the number of rental units across Canada.