Updated November 1, 2023.
Canadians need more, affordable homes, built faster. That’s why we’ve been investing in more affordable housing and changing the ways cities build homes.
In the past few weeks, we have announced new agreements directly with municipamlities through our Housing Accelerator Fund. In London, Brampton, Vaughn, Halifax, Hamilton, Kelowna, and across the country, these investments will help build tens of thousands of new homes in the coming years.
We’re also removing the GST on new apartment construction and helping cities cut red tape, so we can get shovels in the ground and housing built where it’s most needed.
All part of our plan to increase supply, lower costs, and help more Canadians find a safe and affordable place to call home.
Here’s what people had to say about these important announcements:
“It’s the federal government being very serious about taking some meaningful and muscular steps to address the housing crisis.”Tim RichterCEO of the Canadian Alliance to End Homelessness
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“Minister Fraser’s quick action on this file will make it cheaper and easier to build more of the rental housing we desperately need.” Ontario Finance Minister Peter Bethlenfalvy and Housing Minister Paul Calandra[Source]
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