Budget 2026 Pledges Nearly $30 Billion to End Homelessness in Canada Within a Decade
During a visit to Iqaluit on November 7, 2026, Minister Mandy Gull-Masty and MP Lori Idlout outlined Budget 2026’s nearly $30 billion plan to end homelessness within 10 years, featuring investments in housing infrastructure, rental assistance, supportive homes, and integrated health services.
On November 7, 2026, Minister of Indigenous Services Mandy Gull-Masty and Member of Parliament Lori Idlout visited Iqaluit, Nunavut, to highlight Budget 2026’s plan to end homelessness across Canada within 10 years. The federal initiative is backed by nearly $30 billion in total funding.
A significant portion of the investment targets housing infrastructure in Iqaluit. Funding for enhanced trucked and utilidor infrastructure is expected to improve the capacity to deliver reliable water and sewer services, enabling the development of 2,000 to 2,500 new housing units by 2031.
To assist low-income Canadians, including survivors of gender-based violence, the budget allocates $5.5 billion to renew the Canada Housing Benefit. This renewal will provide direct monthly rental assistance. An additional $6.5 billion is designated to renew and strengthen the Reaching Home Initiative and support efforts addressing veteran homelessness, focusing on community-led prevention programs that connect people with shelter and services.
Through Build Canada Homes, $10 billion will support the delivery of approximately 25,000 supportive and transitional homes nationwide. While construction of these homes is federally funded, operations will be funded by provinces and territories.
The plan also integrates housing with health care, mental health, and addictions treatment services. A new Integrated Supports Fund will receive $5 billion to build facilities combining these supports. Furthermore, $2 billion is allocated to the Build Communities Strong Fund’s Health Infrastructure Fund to build and refurbish community mental health and addictions treatment facilities. Models integrating housing with health services, such as Toronto's Dunn House, have demonstrated reductions in emergency room visits for residents.