Feds launch Build Canada Homes to transform homebuilding across the country

The Canadian government has launched Build Canada Homes, a federal agency focused on rapidly increasing the supply of affordable housing across the nation. The initiative aims to address homelessness by building transitional and supportive housing, leveraging public lands, and using modern construction methods like factory-built homes and mass timber. With an initial $13 billion investment, the agency will collaborate with provinces, territories, and Indigenous communities to build at scale, utilizing Canadian materials to support domestic industries. Key projects are set to launch in multiple cities, prioritizing innovative, sustainable construction and the preservation of existing affordable rental housing.