Politics

Federal government to launch $500M fund for youth mental health

Ottawa is setting up a $500-million fund to help community health organizations provide more mental health care to young people.

Fund is latest pre-budget announcement from the Liberals

Deputy Prime Minister and Minister of Finance, Chrystia Freeland listens to a speaker during a news conference for a housing announcement in Vancouver, B.C., Wednesday, March 27, 2024.
Deputy Prime Minister and Minister of Finance Chrystia Freeland listens to a speaker during a news conference for a housing announcement in Vancouver on Wednesday. (Ethan Cairns/The Canadian Press)

Ottawa is setting up a $500-million fund to help community health organizations provide more mental health care to young people.

Finance Minister Chrystia Freeland made the announcement Tuesday in Ottawa alongside other cabinet ministers, including Ya'ara Saks, the minister of mental health and addictions.

WATCH |  Federal fund will help community organizations provide youth mental health care: minister 

Federal fund will help community organizations provide youth mental health care: minister

8 months ago
Duration 3:46
Ottawa's new $500M Youth Mental Health Fund is a 'generational investment' which will 'set youth up for success,' Minister of Mental Health and Addictions Ya'ara Saks told Power & Politics.

"Many Canadians right now are facing stress and anxiety due to war, geopolitical unrest, climate change, and financial strains," Saks said.

"In this context, young people often do not have the tools that they need to cope in navigating these spaces."

During the 2021 election campaign, the Liberals promised a similar fund for post-secondary institutions to help with the mental health of students.

It was not immediately clear Tuesday whether the new fund is intended to meet that commitment.

Saks said the government opted to fund community organizations in order to take a broader approach, given not all young people are on post-secondary campuses.

The fund marks the latest in a string of campaign-style, pre-budget announcements from the Liberal government.

Prime Minister Justin Trudeau says the budget will be focused on young people — particularly on helping them own or rent an affordable home.

Freeland is set to deliver the federal budget next Tuesday.