Cities and affordable housing providers will find themselves with $11.2 billion more to spend on new and existing units over the coming decade.
$5 billion of that will be to allow the Canada Mortgage and Housing Corporation to provide more direct loans to cities.
There’s $5.2 billion for skills development for Canadians to adapt their education and employment training to an ever-changing economy.
Tobacco and alcohol taxes are going up. The public transit tax credit has been cancelled altogether. The Liberal Government says the credit was ineffective in getting people to ride buses, so it’ll put more money directly into public transit systems.
Meanwhile, Interim Conservative Leader Rona Ambrose says the budget shows spending by the Liberals is out of control.
Ambrose points out that since November, the Liberals have spent an additional $13.3 billion over the $10 billion election promise.