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$174.4 billion
- On a constant dollar (2012=100) basis, investment increased 17.4% in 2021 to $174.4 billion. Net stock of housing assets increased 3.2% to $2.3 trillion. The Housing Economic Account isolated the investment in social housing by government and non-profit institutions serving households (NPISH) sectors.
www150.statcan.gc.ca/n1/daily-quotidien/230116/dq230116d-eng.htm
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Nov 23, 2023 · The federal government is creating the financial incentives to build more homes, faster, by removing the Goods and Services Tax (GST) from new purpose-built rental housing projects, such as apartment buildings, student housing, and seniors’ residences.
- Department of Finance Canada
Jul 19, 2022 · Strong growth in housing investment in 2021 has pushed Canada's net stock of residential assets up 18.9%, representing 22.0% of national wealth. Total residential stock, which reached $3.4 trillion, includes social housing assets amounting to $44.6 billion.
Nov 21, 2023 · To build more affordable housing for the most vulnerable Canadians, the 2023 Fall Economic Statement announces an additional $1 billion over three years, starting in 2025-26, for the Affordable Housing Fund.
Apr 16, 2024 · Today, our community housing sector accounts for only 4 per cent of Canada's housing market, while 10 per cent of Canadians are low-income and in need of affordable housing. More must be done. We must protect our affordable housing supply for low- and modest-income families.
Jan 16, 2023 · 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%).
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 ...
Apr 12, 2024 · Launching a $1.5 billion Canada Rental Protection Fund to protect and expand affordable housing. The Prime Minister also announced new measures included in Canada’s Housing Plan to attract, train, and hire the skilled-trade workers Canada needs to build more homes.
