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Carney government launches ‘Build Canada Homes’ with $13B initial investment
The agency will invest $13 billion to build 4,000 affordable homes using modern construction methods and public lands, aiming to double Canada's homebuilding rate and reduce homelessness.
- Prime Minister Mark Carney announced the launch of Build Canada Homes, a new agency with a $13 billion budget to oversee affordable housing initiatives.
- The agency aims to construct 4,000 homes on six federally owned sites, with construction expected to begin next year.
- Ana Bail�o will serve as the CEO of Build Canada Homes, focusing on reducing building costs and bureaucracy.
- The agency will also implement a $1 billion fund for transitional housing projects to assist those at risk of homelessness.
70 Articles
70 Articles
Mark Carney launches Build Canada Homes to address Canada’s housing crisis. Here’s what’s needed to make it work
By leveraging public lands for housing, partnering with the private and public sectors, and using Canadian-made building materials, Carney said Build Canada Homes will double the pace of housing construction over the next decade.
In an attempt to put an end to the housing crisis that is raging from coast to coast, the Mark Carney government announced last weekend that it was setting up Houses Canada, a new federal agency that aims to provide affordable housing. Eventually, 4,000 prefabricated homes are expected, including some in Longueuil, on the South Shore of Montreal. We're taking stock. Also read: Here is the salary you need to rent a 3 1/2 in Montreal without break…
Canada launches government agency to build affordable homes - On-Site Magazine
TCHC CEO Sean Baird (right) meets federal Housing Minister Gregor Robertson at the launch of Build Canada Homes. (CNW Group/Toronto Community Housing Corporation) This past weekend, Prime Minister Mark Carney launched Build Canada Homes, a new federal agency that he says will build affordable housing at scale. Citing report after report indicating that finding affordable housing is a struggle to many Canadians, and particularly young Canadians,…
Build Canada Homes wants to build 4,000 housing units on federal land: Carney
The newly created Build Canada Homes agency will oversee plans to build 4,000 homes on six federally owned sites, as part of a $13 billion agency budget to speed up affordable home building, Prime Minister Mark Carney said on Sunday.
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