Canada Unveils Nearly $30 Billion Plan in Budget 2026 to End Homelessness Within a Decade
On November 7, 2026, Canadian government officials in London, St. John’s, and Moncton highlighted Budget 2026’s nearly $30 billion strategy to end homelessness within 10 years by integrating housing, health care, and social services.
On November 7, 2026, Canadian government officials outlined Budget 2026’s plan to end homelessness within 10 years during events in London, Ontario; St. John’s, Newfoundland and Labrador; and Moncton, New Brunswick. The initiative is backed by nearly $30 billion and focuses on integrating help, housing, and health services.
A central component of the strategy is a $10 billion allocation through Build Canada Homes to support the delivery of about 25,000 supportive and transitional homes across Canada. An additional $5.5 billion will renew the Canada Housing Benefit to provide direct monthly rental assistance to low-income Canadians.
The budget also dedicates $6.5 billion to renew and strengthen the Reaching Home Initiative, including support for veteran homelessness. A new Integrated Supports Fund will receive $5 billion to build facilities that combine housing, health care, and social services. The model for this fund builds on the success of Toronto’s Dunn House, where residents’ emergency room visits were cut in half.
To address mental health and addiction needs, $2 billion is allocated for the Build Communities Strong Fund’s Health Infrastructure Fund to build or refurbish community mental health and addictions treatment facilities.
Officials highlighted local impacts alongside the national strategy. In Moncton, Maison Nazareth received $34,000 from the federal Affordable Housing Fund to help repair affordable homes. The broader plan aims to lift hundreds of thousands of people out of poverty and encourages communities to provide consistent data to measure the scale of homelessness.