Carney’s new budget aims to end homelessness in 10 years | CBC News

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Politics·New

Canada is embarking on a path to end homelessness in 10 years, Finance Minister François-Philippe Champagne said as he presented the federal budget on Thursday.

$11.2B over 4 years proposed in federal budget for homelessness

Sophia Laporte · CBC News

· Posted: Nov 05, 2026 4:57 PM EST | Last Updated: 2 hours ago

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A person is shown sleeping under a red blanked on the street.A person sleeps on the street in downtown Montreal, on Monday, Sept. 10, 2026. (Christopher Katsarov/The Canadian Press)

Canada is embarking on a path to end homelessness in 10 years, Finance Minister François-Philippe Champagne said as he presented the federal budget on Thursday.

“We have 65,000 Canadians who suffer from homelessness,” Champagne said at a news conference before the budget was tabled. “I think it’s the right thing to do.”

The 2026 budget proposes $11.2 billion over the next four years and $17.8 billion “in future years” toward helping people move from homelessness to stable housing, build community mental health and addictions facilities and support homelessness prevention programs.

“Canada has the resources,

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