👉Finance Minister Chrystia Freeland has revealed that the Canadian government is injecting an additional $20 billion into the Canada Mortgage Bonds program, raising its annual limit to $60 billion. This move is focused on bolstering rental housing construction, including apartments, student residences, and senior housing. The government anticipates that this funding will result in the creation of 30,000 new rental units each year, addressing the pressing need for affordable housing in the nation. The program enables developers to access loans at lower interest rates compared to conventional mortgages, making it a significant step in the ongoing effort to provide more homes for Canadians.✅ . . #AffordableHousing #RentalConstruction #GovernmentFunding #HousingFinance #Freeland #CanadaHousing #Accommodation #mnm #malayalisnearmeapp #canadaupdate #canadanews