Although the government has signalled that this year’s budget may broadly focus on affordability and improving access to the housing market, any specific measures that may be under consideration are kept under wraps until the budget is released. However, when preparing this year’s federal budget, it’s likely that the government will consider the recommendations of the House of Commons Standing Committee on Finance (Finance Committee) as outlined in a 2024 pre-budget report, and will follow up on measures previously announced in the 2023 Federal Fall Economic Update and past federal budgets.

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