US EditionInternal government documents reveal grim housing climate in Canada
Canada's new Build Canada Homes agency aims to accelerate affordable housing construction amid rising costs and a 43% increase in homeless shelter use since 2020, government documents reveal.
- Prime Minister Mark Carney confirmed his government will launch the Build Canada Homes agency to accelerate affordable housing construction.
- The new agency comes amid rising construction costs, which increased 58 percent since 2020, and growing housing shortages affecting vulnerable Canadians.
- Internal government documents prepared for Housing Minister Gregor Robertson describe housing affordability challenges, longer shelter stays, and a rental market under pressure.
- The documents forecast a decrease in housing starts in 2025, though levels will stay above the average of the past decade, while rental availability is projected to increase as demand declines due to reduced population growth.
- The agency aims to promote new technologies and faster building to address the affordable housing shortfall impacting newcomers and low-income Canadians.
28 Articles
28 Articles
As Ottawa prepares to launch a new agency to accelerate housing construction, internal government documents describe the seriousness of the housing situation in Canada
Canada to Launch New Agency to Speed Up Housing Amid Crisis - South Asian Daily
As Ottawa prepares to roll out a new agency aimed at accelerating home construction, internal government documents reveal how severe Canada’s housing crisis has become. Briefing materials for incoming Housing Minister Gregor Robertson, prepared this past May, highlight that high housing costs are impacting the economy and making it increasingly difficult for Canadians to find homes. The documents note that the government has lagged in investing …
The government is preparing to launch an agency to accelerate housing construction. The post In Ottawa, internal documents reveal the seriousness of the housing situation appeared first on Les Affaires.
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