The Canadian government is addressing the housing crisis by launching an ambitious plan to build 4 million homes, as outlined in Budget 2024. The Canada Public Land Bank has been established to identify federal properties for housing development, with 70 properties now available, including one in Mississauga. The initiative aims to unlock public lands for affordable housing and support the construction of 250,000 new homes by 2031. A Public Lands Acquisition Fund has also been created to facilitate land purchases for housing development.
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