Canada explores modular housing to address housing shortage, with potential time and cost savings.

Canada is exploring modular housing construction to address its housing shortage, with estimates suggesting it can reduce construction time by 20-50%. The federal government has set aside $500m in loans for apartment builders utilizing the method and other innovative techniques. Modular construction, where homes are partially or fully assembled in a factory before being installed on site, also offers potential cost savings of up to 20%, reduces neighborhood disruption, and cuts waste.

August 04, 2024
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