Turning federal lands and buildings into homes

$1.55B net impact on the budgetary balance over five years, 2026-27 to 2030-31.

The cost line

… no change to existing funding or no fiscal implication · – a further extension will be considered later · 0* less than $0.5 million. Positive numbers cost the budget (spending or forgone revenue); negative numbers improve it.

What the budget says

“In addition to this expanded mandate: Budget 2026 proposes to provide $1.5 billion over four years, starting in 2027-28, and $387.4 million in future years to prepare federal lands for housing by funding water, wastewater, roads, and other enabling infrastructure.”

Budget 2026, p. 202 (PDF p. 216)

Amounts named in the text

Stated amounts can cover different periods, cash or accrual bases, previously announced money and loans. They are not additive with the cost line above.

• $1.5 billion over four years, starting in 2027-28, and $387.4 million in future years

Also in this section

• Pillar 1: Putting Canada on a path to end homelessness in 10 years$11.2BProgram spendingHousingTradesPublic workHealth
• Pillar 2: Expand non-market housing$1.5BProgram spendingLoans, equity or financingHousingTradesInvestmentPublic work
• Pillar 3: Building a housing market that works for all$468MProgram spendingLoans, equity or financingHousingBusinessesTrades
• Helping Canadians get an affordable mortgage$13MProgram spendingHousing
• Securing a resilient food supply chain - National Food Security Strategy$1.58BProgram spendingInfrastructure & transport
• Securing a resilient food supply chain - Renewing the Local Food Infrastructure Fund$124MProgram spendingInfrastructure & transport
• Building the homes Canada needsno cost lineNo cost lineLoans, equity or financingHousingTradesInvestment
• Building the infrastructure that growing communities needno cost lineNo cost lineTradesInfrastructure & transportPublic work