Housing Highlights from the 2025 Federal Budget
Tabled November 4, 2025
The 2025 federal budget extends Ottawa’s housing-supply agenda, focusing on accelerating new builds, unlocking land, and providing low-cost project financing.
Key points for multi-unit and rental housing providers:
• Accelerated Capital Cost Allowance (CCA) for apartment construction improves after-tax returns on new rental projects.
• Apartment Construction Loan Program (ACLP) continues, supporting purpose-built rental housing with affordability or energy-efficiency features.
• Federal land-release and modular-design initiatives aim to reduce costs and shorten approval timelines.
• Expanded training and credential recognition programs target construction-labour shortages that delay housing delivery.
These measures strengthen the environment for new rental construction, though direct rent-affordability incentives remain limited.
More Information
2025 Budge Document: Building Canada Strong
Federal Programs and Initiatives: Canada’s Housing Plan
Accounting firm analyses:
KMPG: 2025 Federal Budget Highlights
PWC: 2025 Federal Budget analysis: Investing in Canada’s future
EY: Canada Federal Budget 2025: Tax Changes, Incentives and Reforms