Municipalities say $600B in infrastructure needed to build 5.8M homes ...Middle East

OTTAWA – The Federation of Canadian Municipalities says new research it commissioned finds municipalities would need $600 billion in infrastructure funding to help build 5.8 million homes by 2030. That’s the number of homes the Canadian Mortgage and Housing Corp. says Canada needs to build to restore affordability. Canadian municipalities are voicing their disappointment that the federal Liberals didn’t include a new infrastructure funding model in its fall economic statement this week, despite the prime minister promising one would come in the fall. The federation held a news conference in Ottawa today to call on the federal government to convene provincial, territorial

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Last updated : 23 Nov 2023 clock 10:28 PM

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