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Poilievre’s Commanding 87.4% Leadership Endorsement Signals Firm Control of Conservative Party

Conservative Party Leader Pierre Poilievre delivers his keynote address at the party’s national convention in Calgary on Friday. Pierre Poilievre has secured an overwhelming 87.4% support in the Conservative Party’s leadership review, reinforcing his dominant position within the party and signaling strong internal confidence in his direction. The review, held during the party’s national convention, served as a key test of Poilievre’s standing following the most recent federal election. Despite the setback of losing both the national vote and his own seat, he has remained a central figure in Conservative politics, returning to Parliament and maintaining significant influence among party members. In his address to delegates ahead of the vote, Poilievre emphasized unity, discipline, and a renewed focus on economic and social priorities. The strong endorsement suggests that party members remain aligned with his vision and strategy for the future. With nearly all eligible delegates cas...

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Trudeau Announces $15 Billion Boost to Housing Program

 

Prime Minister Justin Trudeau has unveiled plans for a $15 billion increase to the Apartment Construction Loan Program (ACLP) as part of Budget 2024. This significant boost aims to construct a minimum of 30,000 new apartments across Canada.

As part of this announcement, the Prime Minister also introduced the Canada Builds program. This initiative will partner with provinces and territories to build rental housing, providing federal financing under certain conditions. These conditions include complementing federal funding with their own investments, utilizing government, non-profit, community-owned, and vacant lands, and streamlining development approval timelines to no longer than 18 months.

The Apartment Construction Loan Program, launched in 2017, has already committed over $18 billion in loans to support the creation of more than 48,000 new rental homes. With this top-up, the program’s financing is now on track to build over 131,000 new apartments within the next decade. Reforms announced alongside this boost include extending loan terms and broadening access to financing for housing aimed at students and seniors.

This move represents a significant step toward addressing Canada’s housing challenges and ensuring affordable housing options for citizens. As the country continues to grow, initiatives like the ACLP play a crucial role in meeting the housing needs of Canadians.


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