Canada's fall economic update includes steps to crack down on short-term rentals and billions in financing toward rental housing construction.

Canada’s fall economic statement pledges $6.7 billion over five years to support uptake of a range of clean technologies, including solar heating, air-source and ground-source heat pumps and energy storage.

The federal government is providing a one-time payment of $500 to nearly one million low-income Canadians as part of the new Affordability Plan.

The buildings sector is tapped to be the flow-through recipient of more than $706 million in federal funding for research, policy development, pilot projects, preparedness studies and design work.

The commercial real estate, facilities management and construction/retrofit sectors appear poised to capture a share of the spending announced in the Canadian government’s fall economic statement.

Qualifying commercial tenants and businesses operating in owned premises will be eligible for direct subsidies of up to 65 per cent of their fixed property expenses through the new Canada Emergency Rent Subsidy.