Liberals promise to build nearly 500,000 homes per year, create new housing entity
- Liberal Leader Mark Carney announced a housing plan on March 31, 2025, in Toronto to build nearly 500,000 new homes annually in Canada.
- The plan responds to Canada's housing crisis by proposing to double current construction rates and create a new federal agency, Build Canada Homes.
- A new federal organization named Build Canada Homes is planned to oversee affordable housing projects and provide more than $25 billion in funding to support Canadian manufacturers of prefabricated homes, while placing large orders to accelerate the pace of construction.
- The Liberals plan to reduce municipal development charges by 50% for a period of five years, which could lower the cost of a two-bedroom apartment in Toronto by approximately $40,000, and they intend to allocate $10 billion towards financing affordable housing projects.
- If implemented, this plan could accelerate affordable housing construction nationwide and improve housing access, reflecting a federal re-engagement in homebuilding.
34 Articles
34 Articles


Liberals announce ‘Canada’s most ambitious housing plan since the Second World War’
Liberal leader Mark Carney has announced what he is calling Canada’s most ambitious housing plan since the Second World War, promising to double the pace of construction to nearly 500,000 new homes annually if elected.
Liberals announce 'Canada’s most ambitious housing plan since the Second World War'
Liberal leader Mark Carney has announced what he is calling Canada’s most ambitious housing plan since the Second World War, promising to double the pace of construction to nearly 500,000 new homes annually if elected.
The urgent need to solve the 'cost to build crisis' in the GTA this election
As economic uncertainty looms, with the ongoing U.S. tariff threats and geopolitical turmoil, the stakes in this federal election are high for Canada's economic and societal future. To put it plainly, now more than ever is the time for governments to invest in housing. Building homes in the GTA builds our country’s economy, protects Canadian jobs and supports domestic industries from coast to coast.
Coverage Details
Bias Distribution
- 53% of the sources lean Left
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage