Explainer
Prime Minister Mark Carney announced his government’s Build Canada Homes (BCH) initiative on Sept. 14, with some details released and others still undetermined.
With $13 billion in federal funding to start, BCH aims to construct an initial set of 4,000 units across six federally-owned sites in Dartmouth, N.S.; Longueuil, Que.; Ottawa; Toronto; Winnipeg, Man.; and Edmonton, with construction expected to start next year. The government says additional build phases to construct more housing units are planned for future phases up to 45,000 units on these lots.
It’s the latest in a long history of housing initiatives from Ottawa, and a key part of the Carney Liberals’ election campaign. This time, the government is directly acting as the builder, rather than just allocating funds….