Feds unlock public properties to build 29,200 housing units by 2029

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Federal Health Minister Jean-Yves Duclos responds to questions during a news conference in Vancouver on Nov. 8.

The federal government says it will build more than 2,800 homes on its properties in cities across the country, putting it on track to build nearly 30,000 homes on public lands over the next six years.Procurement Minister Jean-Yves Duclos says the Canada Lands Corporation has been tasked with creating new housing spaces in key cities.

Ottawa also says the Canada Lands Corporation is setting a new target to include at least 20 per cent affordable housing across its projects. Procurement Minister Jean-Yves Duclos announced today that the corporation, through agreements with developers, will be unlocking 2,800 additional units by March 2024 in Calgary, Edmonton, Ottawa and St. John's.If cities can't solve the housing crisis, provinces and feds should step in: housing expertToday's announcement is the latest effort by the federal government to address the national housing crisis by boosting housing supply in the country.

 

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