Housing supply

Federal Minister of Housing Highlights Conclusion of 2022 National Housing Supply Summit

OTTAWA (ON), February 24, 2022 /CNW/ – Everyone in Canada deserves a safe and affordable home. The pandemic has made it clearer than ever that affordable housing is essential to from Canada recovery.

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That is why, today, the Honorable Ahmed Hussen, from Canada The Minister of Housing and Diversity and Inclusion, in conjunction with the Federation of Canadian Municipalities (FCM), hosted the 2022 Virtual National Housing Supply Summit.

More than 300 people from across the country actively participated in discussions about from Canada housing supply challenges and potential collaborative solutions. These included provincial, territorial and municipal partners, Indigenous leaders, as well as the not-for-profit and private sectors.

In addition to Minister Hussen, keynote speakers included the Right Honorable Justin Trudeau, Prime Minister of Canada. Other key government participants include the Honorable Daniel Vandal, Minister of Northern Affairs, Minister responsible for Prairie Economic Development Canada and Minister responsible for the Canadian Northern Economic Development Agency, the Honorable Gudie Hutchings, Minister rural economic development, Soraya Martinez FerradaParliamentary Secretary to the Minister of Housing and Diversity and Inclusion (Housing), and Paul Chang, Parliamentary Secretary to the Minister of Housing and Diversity and Inclusion (Diversity and Inclusion). FCM President, Joanne Vanderheyden and CEO, Carole Saab also participated in the event.

Other notable speakers were the Honorable Rochelle Squires, Manitoba Minister of Families, Mayor of Halifax Regional Municipality, mike savage, Montreal the Mayor, Valérie Plante, President and CEO of CMHC, Romy Bower and Kaitlin SchwanNational Director of the National Women’s Housing and Homelessness Network, among many other stakeholders and housing experts.

All agreed that collaboration is crucial to addressing the complex challenge of housing supply and affordability in Canada.

From meeting the unique needs of marginalized and racialized communities to those of northern, urban and rural Indigenous communities; from challenges faced when planning in rural and remote communities, to innovations that are ripe to disrupt the housing supply system, these are some of the tough questions participants answered.

Minister Hussen reaffirmed the federal government’s commitment to improving from Canada housing sector, addressing challenges from all angles through the National Housing Strategy. In the past week alone, the Minister has taken part in pan-Canadian announcements, providing federal support to meet various needs in regions across the country.

From $80 million targeting supply chain solutions in northern and remote housing through the Housing Supply Challenge, to hundreds of new affordable units through a $44.5 million National Housing Co-Investment Fund investment in Vancouverto over 1,400 new housing units for people experiencing homelessness across the province of Quebec through the Rapid Housing Strategy – the National Housing Strategy helps meet the unique housing needs of an ocean to the other.

The 2022 National Housing Supply Summit was a successful open dialogue, which will lead to important collaboration in the weeks, months and years to come. In his closing remarks to the Summit, Minister Hussen noted that the impact of this collaboration on the housing sector is just the beginning.

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“Everyone deserves a safe and affordable place to call home, and to make that happen, we need to build more homes, faster. Since 2015, our government has helped house more than 2 million Canadians through new construction, repairs, renovations and rentals. Today’s Summit provided an ideal opportunity for representatives from across Canada’s housing sector to come together to unlock barriers to creating housing supply and build on our progress to date. This is the goal of the National Housing Strategy. – The Honorable Ahmed Hussen, Minister of Housing and Diversity and Inclusion

“The role of municipalities in the fight against the supply of affordable housing is fundamental. Affordable housing options for all Canadians are essential to spur inclusive economic growth, and progress on housing challenges and achieving our shared goal of ending chronic homelessness requires the kind of partnership that the summit of today embodies. FCM is proud to work with governments and partners to ensure Canadians have access to the right type of housing. » Joanne VanderheydenPresident of the Federation of Canadian Municipalities and Mayor of the Municipality of Strathroy-Caradoc, Ontario

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As from Canada authority on housing, CMHC contributes to the stability of the housing market and the financial system, provides support to Canadians in need and provides impartial housing research and advice to all levels of Canadian government, consumers and the housing industry. CMHC’s goal is that by 2030, everyone Canada has an affordable home that meets their needs. For more information, follow us on TwitterInstagram, YouTube, LinkedIn and Facebook.

Government of Canada logo (CNW Group/Canada Mortgage and Housing Corporation)

Government of Canada logo (CNW Group/Canada Mortgage and Housing Corporation)

SOURCE Canada Mortgage and Housing Corporation

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