{"id":"pillar-3-building-housing-market-that-works-all","slug":"pillar-3-building-housing-market-that-works-all","title":"Pillar 3: Building a housing market that works for all","chapter":3,"section":"3.2","section_title":"Providing a bridge to tomorrow","heading":"Pillar 3: Building a housing market that works for all","in_cost_table":true,"capital":true,"fiscal":{"unit":"CAD millions","basis":"accrual, incremental impact on budgetary balance (expense or forgone revenue)","years":["2026-27","2027-28","2028-29","2029-30","2030-31"],"gross":[null,49.0,52.0,151.0,216.0],"gross_total":468.0,"flags":["none",null,null,null,null],"adjustments":[],"net":[null,49.0,52.0,151.0,216.0],"net_total":468.0,"table":{"pdf_page":233,"printed_page":219}},"description":null,"commitments":[{"text":"Budget 2026 proposes $100 million over three years, starting in 2027-28, toward a partnership with the Federation of Canadian Municipalities to support municipal e-permitting and the adoption of artificial intelligence, enabling more efficient and effective review and approval processes, to get homes built faster.","pdf_page":217,"printed_page":203,"quote":"Budget 2026 proposes $100 million over three years, starting in 2027-28, toward a partnership with the Federation of Canadian Municipalities to support municipal e-permitting and the adoption of artificial intelligence, enabling more efficient and effective review and approval processes, to get homes built faster."},{"text":"Budget 2026 also proposes $300 million over three years, starting in 2028-29, and $200 million in future years, to Innovation, Science and Economic Development Canada for the Strategic Response Fund to build and expand industrial capacity to accelerate the adoption of modern methods of construction and help lower construction costs.","pdf_page":217,"printed_page":203,"quote":"Budget 2026 also proposes $300 million over three years, starting in 2028-29, and $200 million in future years, to Innovation, Science and Economic Development Canada for the Strategic Response Fund to build and expand industrial capacity to accelerate the adoption of modern methods of construction and help lower construction costs."},{"text":"Budget 2026 proposes new targeted investments to improve the efficiency of the homebuilding sector, accelerate home construction, and increase housing supply, including: $67.7 million over four years, starting in 2027-28, and $101.2 million in future years to modernise housing data and establish common standards for modern methods of construction.","pdf_page":217,"printed_page":203,"quote":"Budget 2026 proposes new targeted investments to improve the efficiency of the homebuilding sector, accelerate home construction, and increase housing supply, including: $67.7 million over four years, starting in 2027-28, and $101.2 million in future years to modernise housing data and establish common standards for modern methods of construction."},{"text":"Budget 2026 proposes to extend the ban on foreign purchases of existing residential properties for two years, to January 1, 2029, while exempting new residential properties.","pdf_page":217,"printed_page":203,"quote":"Budget 2026 proposes to extend the ban on foreign purchases of existing residential properties for two years, to January 1, 2029, while exempting new residential properties."},{"text":"Budget 2026 announces that the government is delivering on the commitment in the Spring Economic Update 2026 to change mortgage insurance rules to help unlock financing for \"missing middle\" homes.","pdf_page":217,"printed_page":203,"quote":"Budget 2026 announces that the government is delivering on the commitment in the Spring Economic Update 2026 to change mortgage insurance rules to help unlock financing for \"missing middle\" homes."}],"amounts_in_text":["$1.7 billion","$100 million over three years, starting in 2027-28","$300 million over three years, starting in 2028-29, and $200 million in future years","$67.7 million over four years, starting in 2027-28, and $101.2 million in future years","$3 million","$1.5 million"],"source":{"pdf_page":216,"printed_page":202,"chapter_url":"https://budget.canada.ca/2026/report-rapport/chap3-en.html#a8"},"money_type":"spending","involves_loans":true,"lenses":["housing","businesses","trades"],"wv_note":"Faster permits matter as much as money for builders. E-permitting is also a software and process problem that small municipalities will need help with.","key_facts":[{"text":"Proposes $100 million over three years toward a partnership with the Federation of Canadian Municipalities on municipal e-permitting.","pdf_page":216,"printed_page":202}],"url":"https://budget2026.warreandvavasour.com/measures/pillar-3-building-housing-market-that-works-all/","chapter_title":"A more affordable life"}