Department of Finance Canada announced new action to build more than 5,000 affordable homes and strengthen competition to lower prices for Canadians.
Department of Finance Canada announced federal support for affordable-housing construction and competition measures aimed at lowering costs.
The Affordable Housing Innovation Fund funding was directed to eight organizations working on approaches such as prefabricated wood-panel modular housing.
The release also pointed to competition-law changes, including amendments through Bills C-56 and C-59 and a freeze on the merger transaction-size threshold at $93 million.
For housing markets, construction funding, modular methods, and competition rules can affect how quickly homes are built and what households pay.