The Government of Canada is committed to ensuring that all Canadians have a safe and affordable place to call home. Building on the positive steps taken in Budget 2016, last fall the Government of Canada announced Canada’s first ever National Housing Strategy (NHS).
The Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC) and Adam Vaughan, Parliamentary Secretary to the Minister of Families, Children and Social Development, today announced that the federal government has invested more than $1.72 billion in funding and subsidies on affordable housing projects in Ontario since 2016.
Since 2016, the Government of Canada’s investments in housing have benefitted more than 300,000 families in Ontario. We have also been working with many partners, including the province of Ontario, municipalities, First Nations, the community housing, non-profit and co-operative sectors, as well as the private sector to make a meaningful difference in the lives of Canadians.
Building on these investments, the NHS, launched in November 2017, has provided long-term funding that will strengthen the middle class, fuel our economy and give more Canadians across the country a safe and adequate place to call home. This is the largest and most ambitious federal housing program in Canadian history.