The Government of Canada's 2025-2026 federal budget marks one of the most significant housing-focused fiscal plans in recent memory.
Build Canada Homes
The centrepiece is Build Canada Homes (BCH), a Crown corporation capitalized with $13 billion to accelerate affordable and purpose-built rental housing.
$50 Billion Infrastructure Fund
A $50 billion local infrastructure fund over a decade will support municipalities in upgrading water, sewage, roads, transit, and electrical grids.
Extended Mortgage Amortizations
First-time buyers purchasing new builds can now access 30-year insured mortgage amortizations. The insured mortgage cap has been raised to $1.5 million.
GST Exemption
A GST exemption for first-time buyers of qualifying new homes reduces costs directly.
For GTA buyers, these changes make new construction in Vaughan, Oakville, and Brampton more accessible. Contact us to discuss how these changes affect your buying power.