Canada has set out to end homelessness within 10 years, backed by nearly $30 billion in federal funding, Prime Minister Mark Carney has announced.

Carney launched the plan on Friday in Winnipeg, one day after Finance Minister François-Philippe Champagne tabled Budget 2026 in the House of Commons. The budget commits $11.2 billion over four years and $17.8 billion over 10 years to the effort.

"For decades, governments and communities have tried to address this crisis. Too often, these efforts have been inadequately resourced, poorly co-ordinated and not sustained," Carney said at the press conference in Winnipeg.

Help, housing and health

The plan is built around three pillars: help, housing and health. It includes $6.5 billion to renew the Reaching Home initiative, which funds community efforts to prevent homelessness, and $5.5 billion to renew the Canada Housing Benefit for low-income Canadians.

On housing, $10 billion through Build Canada Homes will support about 25,000 supportive and transitional homes across the country. A further $5 billion Integrated Supports Fund will build facilities combining housing with health care, mental health and addictions treatment.

Winnipeg gets the first money. More than $1 billion in new federal funding will support over 2,000 new supportive and transitional homes in the city and a new Centre for Mental Health and Addictions.

Homelessness has nearly doubled in Canada since 2018, with about 65,000 people experiencing it in 2025. In Winnipeg alone, 2,469 people were counted as homeless on a single night last year, and nearly 68 per cent of those surveyed were chronically homeless.

Manitoba Premier Wab Kinew called the funding a "huge, humungous deal" for the province, which aims to end chronic homelessness by 2031.