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Canada PM Mark Carney unveils budget to strengthen economy

Canada's Prime Minister Mark Carney unveiled his first ever budget on November 5, which set out strong ambitions for greater economic independence from the US. The "Masters of our Destiny" budget also announced generous measures for parts of the economy affected by tariffs, setting aside 44 billion Canadian dollars for impacted businesses and workers.

Canada PM Mark Carney unveils budget to strengthen economy

Prime Minister Mark Carney is set to visit Winnipeg to unveil new federal budget measures aimed at eradicating homelessness within the next decade. While some support workers are enthusiastic about the goal, they caution that ending homelessness requires more than just providing shelter. Sara Goldvine, the chief operating officer of Coast Mental Health in Vancouver, acknowledges that significant progress can be made towards the budget's goal.

She emphasizes that housing and mental health often require a holistic approach and expresses her satisfaction with the government's investment in both aspects. Carney will be joined by Manitoba Premier Wab Kinew as well as the mayors of Winnipeg and Montreal to discuss the ambitious housing agenda outlined in the 2026 budget. The government plans to establish an Integrated Supports Fund to provide transitional housing along with mental health, addiction, and social services for homeless individuals.

Additionally, billions of dollars will be allocated to the Canada Housing Benefit over the next decade to assist low-income Canadians in covering rent. Nick Wells, representing The Union Gospel Mission in Vancouver, describes the government's pledge as ambitious and stresses the importance of leadership from the highest levels of government to coordinate efforts among provinces, municipalities, and philanthropy groups.

Wells notes that transitional housing can serve as an excellent initial step for those experiencing chronic homelessness, especially when coupled with severe mental illness or addiction. However, he stresses that simply providing a home after years of homelessness can be challenging without appropriate support systems in place. Coast Mental Health is currently in the early stages of a proposed project to construct 360 housing units with integrated health-care services, aiming to benefit both the residents and the wider community.

Goldvine remains hopeful that the government's commitment will make a difference, highlighting past research that demonstrates the effectiveness of affordable housing combined with necessary support services. The budget estimates that there are 65,000 homeless Canadians in the country.

Written by urgent.news from CityNews's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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