Canada launches government agency to build affordable homes

AI Article Summary
The article discusses the launch of Build Canada Homes, a new federal agency in Canada focused on building affordable housing across the country. Headed by Ana Bailão, the agency aims to increase the housing supply by partnering with private developers, leveraging public lands, and offering financial incentives to build more homes sustainably and at scale. Prime Minister Mark Carney announced an initial $13 billion capitalization for the agency, which aims to double housing construction and reduce homelessness. Emphasis will be placed on using modern, eco-friendly construction methods and materials.