US EditionNew federal entity to prioritize Canadian-made, affordable housing projects
ONTARIO, CANADA, AUG 11 – The federal government plans to invest $6 billion in affordable housing projects using Canadian materials and innovative financing to improve the homebuilding industry.
- The federal government announced the Build Canada Homes program on August 11, 2025, in Ottawa to fund affordable housing projects using Canadian materials.
- Prime Minister Mark Carney promised $6 billion in his election platform to create a housing entity addressing affordability and increasing supply after a recent CMHC report highlighted a need for up to 480,000 new units.
- The program aims to build affordable homes directly or indirectly, accelerate use of federal lands, and emphasize cost-effective, sustainable construction methods including prefabrication and 3D printing.
- Build Canada Homes plans to invest upwards of $25 billion to support Canadian homebuilders, encourage the hiring of apprentices, and utilize financial instruments such as below-market loans along with private and philanthropic capital to enhance construction efficiency.
- The government is finalizing the program's design with public and industry feedback, plans to launch it this fall, and intends to avoid bureaucratic delays while supporting significant affordable housing development.
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Winnipeg Free Press+13 Reposted by 13 other sources
New federal entity to prioritize Canadian-made, affordable housing projects
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
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Carney promises new Canadian-made, affordable housing project priority program
Prime Minister Mark Carney’s promised new entity to spur massive amounts of housing construction will prioritize the building of affordable housing and the use of Canadian materials, says a consultation document published by the government on Monday. The document shared by Canada’s housing department says Build Canada Homes is also intended to accelerate the speed at which federal lands are converted to housing, and to stress the use of material…
Coverage Details
Total News Sources15
Leaning Left9Leaning Right0Center2Last UpdatedBias Distribution82% Left
Bias Distribution
- 82% of the sources lean Left
82% Left
L 82%
C 18%
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