Liberal Leader Mark Carney has pledged to double housing construction through over $35 billion in new housing investments, while Conservative Leader Pierre Poilievre says his government would build a National Energy Corridor to fast-track approvals for infrastructure like pipelines, railways, and transmission lines.
Carney announced on March 31 that his government would aim to double the pace of residential housing construction to almost 500,000 new homes a year through a new federal housing entity dubbed Build Canada Homes (BCH).
BCH would act as a developer and oversee affordable housing construction, ramp up construction, and provide financing to homebuilders.
“By getting government back into the business of building affordable homes and by making the market work better, we will drive a huge increase in housing supply so we can bring cost down for Canadians,” Carney told reporters in Vaughan, Ont….