Trudeau Eyes Boost to Canada’s Housing Supply With New Budget

Finance Minister Chrystia Freeland’s upcoming budget is likely to put significant money toward boosting Canada’s housing supply, according to people familiar with the plans, adding pressure on the government to find more revenue.

Freeland and Prime Minister Justin Trudeau have been trying for months to quell rising public frustration over the high cost of homes, announcing plans to give billions to cities in return for changes that accelerate construction, among other moves. The government is working on other housing-affordability policies in advance of Freeland’s April 16 budget, the people said, speaking on condition they not be identified.

The government ...