Government of Canada Boosts Innovation to Accelerate Homebuilding in Atlantic Canada
Ottawa, Ontario – November 8, 2024
The Government of Canada has announced a $60 million investment to accelerate homebuilding in Atlantic Canada. This investment will support the development and implementation of innovative solutions to address the region’s housing challenges.
“Our government is committed to ensuring that all Canadians have access to safe and affordable housing,” said the Honourable Ahmed Hussen, Minister of Housing and Diversity and Inclusion. “This investment will help to accelerate homebuilding in Atlantic Canada and create jobs in the region.”
The investment will be used to support a wide range of initiatives, including:
- A new Home Innovation Hub in Halifax, Nova Scotia, which will bring together industry stakeholders to develop and test new homebuilding technologies.
- A pilot program to provide financial incentives to builders who use innovative construction methods.
- Research on the use of modular and prefabricated construction in Atlantic Canada.
- Training programs for workers in the homebuilding sector.
“This investment is a game-changer for the homebuilding industry in Atlantic Canada,” said John Ryan, President and CEO of the Canadian Home Builders’ Association. “It will help us to reduce construction costs, build homes faster, and create more affordable housing options for families in the region.”
The Government of Canada is committed to working with its partners in Atlantic Canada to address the region’s housing challenges. This investment is a significant step towards achieving that goal.
Additional Information
- The Home Innovation Hub will be located at the Halifax Regional Municipality’s Innovation Centre.
- The pilot program to provide financial incentives to builders will be administered by the Canada Mortgage and Housing Corporation.
- The research on the use of modular and prefabricated construction will be conducted by the University of New Brunswick.
- The training programs for workers in the homebuilding sector will be offered through community colleges and trade unions.
Contact Information
Media Relations Canada Mortgage and Housing Corporation media@cmhc-schl.gc.ca 1-800-770-7993
Government of Canada boosts innovation to accelerate homebuilding in Atlantic Canada
The AI has provided us with the news.
I’ve asked Google Gemini the following question, and here’s its response.
Canada All National News a new article on 2024-11-08 14:55 titled “Government of Canada boosts innovation to accelerate homebuilding in Atlantic Canada”. Please write a detailed article on this news item, including any relevant information. Answers should be in English.
194