Build Canada Homes

Last updated

Build Canada Homes
Maisons Canada
Agency overview
FormedSeptember 14, 2025 (2025-09-14)
Jurisdiction Government of Canada
Minister responsible
Agency executives
Parent department Housing, Infrastructure and Communities Canada
Website housing-infrastructure.canada.ca/bch-mc/index-eng.html

Build Canada Homes (BCH; French : Maisons Canada; MC) is a special operating agency within Housing, Infrastructure and Communities Canada (HICC) created to build and finance affordable housing in Canada. It was launched on September 14, 2025. [1] [2]

Contents

History

In the 2025 federal election campaign, Liberal leader Mark Carney proposed establishing a new agency to address Canada's housing crisis in 2025. The proposal includes details about its operation and objectives including: [3]

The BCH proposal was presented with the goal of doubling the housing construction rate to 500,000 units per year. However, some critics argue that government intervention in the housing market could have unintended consequences, such as increasing housing costs in nearby areas. The initial investment was $13 billion, with an initial goal to use public land to build 4,000 prefabricated homes in six cities across Canada. [4] [5]

Governance

Carney appointed former Toronto deputy mayor Ana Bailão, who previously served as the city's chair of planning and housing, as the agency's first chief executive officer. [6] The organization is currently housed within HICC, with plans to incorporate it as a standalone agency reporting directly to the minister of housing and infrastructure in 2026. [2]

References

  1. Major, Darren (September 14, 2025). "Carney announces launch of new housing agency, earmarks funding for new projects". CBC News . Canadian Broadcasting Corporation . Retrieved September 15, 2025.
  2. 1 2 "About Build Canada Homes". Housing, Infrastructure and Communities Canada .
  3. "Building Canada Strong | Liberal Party of Canada". liberal.ca. Retrieved September 15, 2025.
  4. "Carney government launches 'Build Canada Homes' with $13B initial investment". CTVNews. September 15, 2025. Retrieved September 15, 2025.
  5. Baxter, David (September 14, 2025). "Build Canada Homes aims to build 4,000 housing units on federal land: Carney". Toronto Star. Retrieved September 15, 2025.
  6. "Carney announces $13-billion for new affordable housing agency". The Globe and Mail. September 14, 2025. Retrieved September 14, 2025.