Finance Minister Chrystia Freeland introduced the 2024 federal budget on Tuesday OTTAWA — Finance Minister Chrystia Freeland introduced the 2024 federal budget on Tuesday. Some key highlights: Housing In hopes of building nearly 3.9 million new homes across Canada by 2031, the government plans to: — increase the capital cost allowance rate for apartments from four to 10 per cent, allowing builders larger tax writeoffs; — extend the mortgage amortization period to 30 years for first-time homebuyers purchasing new builds; — make more public lands available for home construction, including Canada Post and National Defence properties, and lease land to...