Peterborough-Kawartha – Every Canadian deserves a safe and affordable place to call home. That is why, starting in Budget 2016, the Government of Canada made significant investments to build affordable housing and to make housing more affordable in general across Canada.
Maryam Monsef, Member of Parliament for Peterborough-Kawartha, on behalf of the Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and the Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), today announced that $7,444,567 in federal government investments have provided 1,432 families in Peterborough-Kawartha with a safe and affordable place to call home.
“Housing is a key priority for me, because I know that providing safe, affordable housing helps lift our neighbours out of poverty, strengthening the middle class and those working hard to join it,” said Monsef. “Since forming government, we have invested more than $7 million to help build or renovate 635 units and subsidize rental costs for an additional 797 units in Peterborough-Kawartha.”
Since 2016, the Government of Canada has invested more than $5.7 billion across Canada. Throughout the country, these investments have helped almost a million families, seniors, women and children fleeing domestic violence, Indigenous people, persons with disabilities, persons with mental health and addiction issues, veterans and young adults.
As a result of these investments, 14,466 new units have been or are being built, 157,334 units have been or are being repaired, and 712,407 families or individuals benefited from a more affordable place to live. These investments have also already provided housing to 25,769 Canadians who were homeless or at serious risk of homelessness.
“We are working to make sure every Canadian has access to a safe and affordable place to call home,” said Minister Duclos. “We are committed to making housing more affordable and thanks to the investments made by the Government of Canada, almost 1 million families across Canada have an affordable home. Canada’s first ever National Housing Strategy, a $40 billion plan, will build on this success in the years to come.”
Canada’s first ever National Housing Strategy was unveiled a year ago today.
“We know that more is needed to build additional affordable housing in Peterborough-Kawartha,” concluded Monsef. “That’s why I continue to work closely with local housing providers, including the city and county, to make sure our community accesses the funds provided by the National Housing Strategy.”
- In Ontario alone, the Government of Canada has invested $2 billion to support more than 300,000 families since 2016.
- These results are now being followed by a first-ever National Housing Strategy that gives additional, stable, longer-term funds to Canada’s affordable housing sector. The National Housing Strategy will result in more than $40 billion of housing investment and more than half a million families being brought out of housing need.
- The National Housing Strategy will protect the affordability of 385,000 existing housing units, repair 300,000 affordable homes, build another 100,000, and provide direct support for those in housing need.
- The National Housing Strategy will reduce chronic homelessness by 50% and entrench a human rights-based approach to housing in Canada.
- To find out more about the National Housing Strategy, visit placetocallhome.ca.
For more information:
Special Assistant (Communications) to the Hon. Maryam Monsef
Member of Parliament for Peterborough-Kawartha