What Liberals have already promised will be in federal budget [Video]

Finance Minister Chrystia Freeland is set to present the federal budget on Tuesday after a countrywide tour that teased many of the housing and affordability measures to be included in the document.

Here’s what the federal Liberals have already promised.

Housing plan

On Friday, Prime Minister Justin Trudeau announced his government’s plan to tackle the housing crisis, which he promised will build nearly 3.9 million homes by 2031.

The plan builds on a string of announcements made over the last few weeks and since the fall, pledging billions of dollars in low-cost loans, infrastructure spending and homelessness support.

Ottawa is promising to:

— increase the capital cost allowance rate for apartments from four to 10 per cent, which will increase how much builders can write off from their taxes;

— extend the mortgage amortization period to 30 years for first-time homebuyers purchasing new builds;

— make more public lands available for home construction, while leasing lands to developers rather than selling them off.

National …