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Budget office sees modest boost in housing supply from Build Canada Homes

Build Canada Homes will add 26,000 units, a 2.1% increase in supply, but overall federal housing spending will decline 56% over three years, the Parliamentary Budget Office projects.

  • A report by the Parliamentary Budget Officer predicts Build Canada Homes will produce 26,000 new homes in the next five years, contributing to a 2.1% increase in Canada’s housing supply.
  • The report estimates Canada will need 690,000 additional homes by 2035, with Build Canada Homes addressing only 3.7% of that shortfall.
  • Funding for federal housing programs is expected to decline by 56%, from $9.8 billion in 2025-2026 to $4.3 billion in 2028-2029, due to expired and cut programs.
  • Housing Minister Gregor Robertson mentioned future spending includes an additional $51 billion for housing infrastructure, aimed at attracting more private investment.
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Bias Distribution

  • 77% of the sources lean Left
77% Left

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The Record broke the news in Waterloo, Canada on Tuesday, December 2, 2025.
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