While federal budgets typically are tabled in the spring, this one is set to land during the fall session of Parliament.

Non-residential permit values dropped by $863 million compared to May, while residential values decreased by $318 million.

Five organizations will share in the funding, including the International Brotherhood of Boilermakers Local 128, UBC Millwrights Local 1425 and Ironworkers Local 786.

The scope of the project calls for widening the road from two lanes to four and adding pedestrian and cycling infrastructure.

The government recently updated its housing tracker for the first time in eight months, and it provides yet another glimpse into home building struggles.