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$2.5 billion
- That's why the government has a plan to invest $2.5 billion, and reallocate $1.3 billion in existing funding to speed up the construction, repair, or support of 35,000 affordable housing units.
www.canada.ca/en/department-finance/news/2021/04/budget-2021-housing.html
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Jul 19, 2022 · After an increase of 14.0% in 2020, investment in social housing decreased 0.4% in 2021. The stock of social housing assets reached $44.6 billion in 2021, representing 1.3% of total residential stock.
- Summary
- Stock in Units
- Investment and Stock
- Remaining Useful Service Life
- Economic Impact
- Products
- Contact Information
Total residential dwellings reached 16.4 million units in 2021, representing a stock value of $3.3 trillion. Strong growth in housing investment in 2021 drove Canada's net stock of residential assets up 17.6%, representing 21% of national wealth. The productive activity related to investment in residential housing was associated with over 1.3 milli...
The total number of dwellings in Canada increased 5.7% to 16.4 million units from 2016 to 2021. The number of dwellings in Ontario increased by 334,000 from 2016 to reach 6.0 million in 2021, the largest increase in Canada, followed by Quebec, with an increase of 192,000 over the same period. Steady growth in apartment-type dwellings from 2016 to 2...
Total investment in residential housing in 2021 increased 30.9% from 2020 to reach $248.7 billion in nominal terms. Investment grew more than 25% in every province and territory except the Northwest Territories (+18.3%) and Nunavut (+1.0%). The strong growth in investment led to an increase of 17.6% in Canada's net stock of housing assets, represen...
Nationally, the remaining useful service life ratio of housing assets increased from 58.7% in 2020, to 58.9%. Slight declines were observed in Newfoundland and Labrador, Saskatchewan, Alberta, British Columbia, the Northwest Territories and Nunavut. The remaining useful service life ratio increased in all dwelling types except single-detached dwell...
GDPattributed to the production of housing assets totalled $141.5 billion in 2021, up from $110.3 billion in 2020. Over 1.3 million jobs were associated with the production of housing assets in 2021.
The article, "Remaining useful service life ratios of non-residential capital stock," which is part of the Income and Expenditure Accounts Technical Series (Catalogue number13-604-M), is available. The Economic accounts statistics portal, accessible from the Subjectsmodule of the Statistics Canada website, features an up-to-date portrait of nationa...
For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; infostats@statcan.gc.ca) or Media Relations (statcan.mediahotline-ligneinfomedias.statcan@statcan.gc.ca).
Apr 20, 2021 · Overall, this new funding will add a minimum of 4,500 new affordable units to Canada's housing supply, building on the 4,700 units already funded in the 2020 Fall Economic Statement through its $1 billion investment.
- Department of Finance Canada
Canada's $4-billion Housing Accelerator Fund has incentivized the removal of zoning barriers, speeding up permitting, and investing in affordable housing. To date, the federal government has signed 179 Housing Accelerator Fund agreements which, combined, will fast-track an estimated total of over 750,000 housing units across the country over ...
The Canada Housing Benefit (CHB), which took effect on April 1, 2020, provides funding directly to households to improve their housing affordability. Budget 2021 plans to increase the CHB by $315.4 million over seven years, starting in 2021-22, to increase direct financial assistance for low-income women and children fleeing violence to help ...
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.
Data. The data used to create this interactive web application is from the following listed data tables: Table 36-10-0609-01 Household actual final consumption, Canada, provincial and territorial, annual (x 1,000,000)
