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  2. Nov 23, 2023 · Both Toronto and Vancouver have seen record numbers of housing starts in 2023, supported by accelerated rental construction. This year, federal investment in housing is $9 billion higher than it was in 2013-14. Since 2015, the average annual federal housing investment has more than doubled compared to the previous government.

    • Department of Finance Canada
  3. Apr 16, 2024 · Budget 2024 proposes $477.2 million over five years, starting in 2024-25, and $147.8 million in future years, to launch a new $1.5 billion Canada Rental Protection Fund, to be administered by the Canada Mortgage and Housing Corporation, to protect the stock of affordable housing in Canada.

  4. Nov 21, 2023 · Federal investments are already jumpstarting housing construction across the country. Both Toronto and Vancouver have seen record numbers of housing starts in 2023, supported by accelerated rental construction. This year, federal investment in housing is $9 billion higher than it was in 2013-14.

  5. An $82+ billion plan creating a new generation of housing in Canada giving more Canadians a place to call home. WHAT IS THE STRATEGY? NATIONAL HOUSING STRATEGY INITIATIVES. Create New Housing Supply. Funding and financing opportunities to build new affordable housing in Canada. Modernize Existing Housing.

  6. This revised figure also accounts for funding subsequently transferred into ICIP, including approximately $250 million for Lake Manitoba and $250 million for the Calgary Ring Road. Return to footnote 2 referrer. This figure is the total federal planned spending under the IICP from the start date to March 31, 2025.

  7. Aug 27, 2023 · According to the Canada Mortgage and Housing Corp. (CMHC), Canada needs to build 5.8 million new homes — including two million rental units — by 2030 to tackle housing affordability ...

  8. Aug 30, 2022 · Canada’s National Housing Strategy (NHS) is an ambitious, 10-year plan to invest over $72 billion to give more Canadians a place to call home. Since its launch in 2017, the government has committed over $26.5 billion to support the creation of over 106,100 units and the repair of over 254,600 units.

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