2024 federal budget gets mixed reviews in Alberta amid housing crisis [Video]

Ottawa’s newest budget is getting mixed reviews across Alberta, with many questioning how the proposed reforms will actually solve the country’s housing crisis.

On Tuesday, the federal Liberal government delivered its 2024 budget with promises to help young Canadians. The proposed $57-billion budget comes amid a stronger-than-expected economy and new taxes targeted at the wealthiest Canadians.

A lot of the new spending was announced well before the budget was tabled on Tuesday, including a Canadian Renters’ Bill of Rights. Prime Minister Justin Trudeau said in March that the proposed legislation will reform the rental market, including amending the Canadian Mortgage Charter to allow tenants to count on-time rent payments toward their credit score, and proposing $15 million in new funding to provincial legal aid organizations to protect tenants against unfair rent payments.

The 2024 federal budget also promises to make buying a home more accessible for Canadians while also increasing the housing supply. The 2024 budget promises to build 3.87 …