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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.
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He asked his ministers to identify land that could be used for construction projects.
·Montreal, Canada
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Carney Announces New Housing Agency to Build 4,000 Units on Federal Land
The newly created Build Canada Homes agency will oversee plans to build 4,000 homes on six federally owned sites, Prime Minister Mark Carney said Sunday. Specific locations for the homes have not yet been announced, but Carney said they will be in Dartmouth, N.S., Longueuil, Que., Ottawa, Toronto, Winnipeg, and Edmonton. Construction is expected to begin on the first of these homes next year, according to a senior government official. “The core …
·New York, United States
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TVA NouvellesReposted by 
24heures.ca
24heures.caThe Carney government officially launched its new Canada House organization on Sunday.
·Montreal, Canada
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Coverage Details
Total News Sources52
Leaning Left20Leaning Right1Center5Last UpdatedBias Distribution77% Left
Bias Distribution
- 77% of the sources lean Left
77% Left
L 77%
C 19%
Factuality
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