Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Canada’s new housing agency offers $13B to attract investors, aiming to stabilize affordable housing despite low returns.

flag The federal government, through the new Build Canada Homes agency, is seeking to attract banks and pension funds to expand affordable housing by reducing financial risks for investors. flag The agency, funded with $13 billion, has received 450 applications from provinces, community groups, and developers and aims to keep construction active during market downturns. flag While the government hopes to make affordable housing a stable, long-term investment, experts warn that profit-driven institutions may be hesitant due to low returns. flag Specific incentives remain unclear, but officials say the strategy could stabilize housing supply and boost non-market housing.

19 Articles