By David Gargaro This content was written before the release of Budget 2025. Stay tuned to www.rentalhousingbusiness.ca for updates up to and after November 4.
About a month ago, Finance Minister François-Philippe Champagne announced the federal government would release Budget 2025 on November 4, 2025. Rather than putting out the new Budget in the spring, the government stated it wants to modernize the budget timeline to align with other Canadian sectors and industries. This means the federal government will release an economic and fiscal update the following spring. RHB Magazine spoke with rental housing association leaders across Canada on what they expect to see, and what they would like to see, in Budget 2025, including: • David Hutniak, CEO, Landlord BC • Donna Monkhouse, Executive Director, Alberta Residential Landlord Association • Tony Irwin, President and CEO, RHC and FRPO
David Hutniak
Donna Monkhouse
Tony Irwin
Build Canada Homes Build Canada Homes is a new federal agency that will build affordable housing at scale. It will provide access to public lands, offer flexible financial incentives, attract private capital, facilitate large portfolio projects, and support modern manufacturers in building homes more quickly. One of Build Canada Homes’ first projects involves a $283 million investment (through the
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Canada Housing Infrastructure Fund) to upgrade Toronto’s Black Creek sewer infrastructure, which will precede the construction of 63,000 new homes. The first housing development project will deliver 540 new homes at Arbo Downsview in Toronto, where at least 40 per cent of the units will be affordable, with a mix of studios, one-, two-, and three-bedroom homes. Other infrastructure investment