Minister of Families, Children and Social Development Jean-Yves Duclos looks on at the end of a press conference in Ottawa on Thursday, Nov. 9, 2017.THE CANADIAN PRESS/Justin Tang

Minister of Families, Children and Social Development Jean-Yves Duclos looks on at the end of a press conference in Ottawa on Thursday, Nov. 9, 2017.THE CANADIAN PRESS/Justin Tang

Feds plan to spend billions on housing strategy

However much of the $15.9 billion will not be spent until after the next election in 2019

The federal government has unveiled its highly anticipated national housing strategy, with the Liberals looking to ease the concerns of Canadians who fear being priced out of the market.

The plan will put a heavy focus on housing supply — building tens of thousands of affordable housing units over the next decade — and repurposing other cash to maintain housing supplements.

Ministers in the B.C. Government say they are committed to working with their federal counterparts through co-operative and collaborative partnerships that effectively address the housing needs of Canadians and are looking forward to more details in the coming weeks.

“Homes are the foundation of community,” said Premier John Horgan. “That’s why we’re building new, affordable homes across B.C., starting with 1,700 affordable rentals and 2,000 modular homes for our most vulnerable residents.”

A release from the Province stated they don’t want to miss any opportunities to “develop new affordable housing, prevent homelessness, and preserve the existing social housing stock for future generations of Canadians.” The release goes on to say the “National Housing Strategy should protect tenants in social housing and ensure the long-term viability of this stock.”

Related: Ottawa’s housing strategy offers $1 billion a year

The feds plan to spend tens of billions of dollars on a strategy is aimed at providing housing benefits directly to low-income tenants, as well as repairs and renovations to some 300,000 units cumulatively between 2021 — when the money is expected to start flowing — and 2028.

A new financing program will be created for housing providers to help them repair aging units and use their assets to leverage additional cash to build new apartments and homes.

The $15.9 billion housing fund will create 60,000 new affordable housing units, repair 240,000 more through grants and loans and prioritize mixed-income developments.

The document also says the government plans to create a federal housing advocate and legislate a right to housing, which will require regular reports to Parliament on federal efforts to ease the housing burden for hundreds of thousands of families.

Although the Liberals are touting some $40 billion in spending over the next decade, the math includes almost $10 billion in planned spending, repurposes $4.8 billion and then relies heavily on provinces and territories adding billions in matching fund.

The housing benefit, for instance, is supposed to be $4 billion over eight years, but that figure includes $2 billion from provinces and territories.

If any province or territory balks, the benefit won’t flow to their jurisdiction.

That means the Liberals will need months to negotiate funding deals with provinces and three years in the case of the housing benefit.

Federal funds won’t start to flow until next April. It’s also unclear how much will be spent annually.

Recently released census data found that 1.7 million households were in “core housing need” in 2016, meaning they spent more than one-third of their before-tax income on housing that may be substandard or does not meet their needs.

The government hopes that building 100,000 new affordable housing units, along with billions more in spending over the next decade, will lift 530,000 of those families out of core housing need and help 385,000 avoid losing their homes or help 50,000 more get out of homelessness.

Related: Tax haven controversy deals another body blow to Trudeau’s middle-class brand

“Housing is the foundation of healthy families and strong communities. Unfortunately, too many people are struggling to find homes they can afford. Provinces and territories are ready to work in partnership with the federal government to improve housing affordability, tackle homelessness, address Indigenous housing and make sure Canada maintains social housing stock today and in the future,” said Selina Robinson, Minister of Municipal Affairs and Housing for the Province of B.C.

Outside of Vancouver, the cities with the highest rates of core housing need were in Ontario. In Toronto, close to one in five households were financially stretched — the highest rate of any city in the country.

The Liberals laid the financial backbone for the plan in this year’s federal budget, promising $11.2 billion over a decade in new spending. About $5 billion of that money the Canada Mortgage and Housing Corp. is expected to turn into $15 billion by leveraging $10 billion in private investment.

Still, most of the money won’t be spent until after the next election in 2019, which concerns anti-poverty groups.

Those groups are planning demonstrations in multiple cities today, demanding the Liberals spend the full $11.2 billion before the next election.

Québec will be the only province not involved in this National Housing Strategy as its officials say they fully intend to exercise their own responsibilities and control over the planning, organization and management of housing. Instead, Québec will undertake discussions with the federal government to reach an asymmetrical agreement, distinct from this framework, that fully respects Québec’s programs and jurisdiction in the area of housing, in order to receive its fair share of any federal funding.

With files from The Canadian Press

Just Posted

Residents line up outside the Vernon Recreation Complex for their COVID-19 vaccine Saturday, June 5. (Jennifer Smith - Morning Star)
No appointments necessary for first dose COVID-19 vaccine: Interior Health

People can just show up at clinics, register on the spot and get the shot

Ryan McKenzie of the Kimberley Trails Society made an in-depth presentation to City Council describing the initial steps of the Electrify the Mountains eBike trails project. This is a look at the project one map.
Kimberley City Council hears details on Electrify the Mountain project

At the meeting of City Council on Tuesday, June 8 Ryan McKenzie… Continue reading

The Kimberley Public Library invites kids of all ages to join the 2021 BC Summer Reading Club. Kimberley Public Library file
Kimberley kids invited to join summer reading club at Public Library

The Kimberley Public Library invites kids of all ages to join the… Continue reading

Provincial Health Officer Dr. Bonnie Henry on Thursday, June 10, mentioned Grand Forks among two other COVID “hot spots” in B.C. Photo: Screenshot - YouTube COVID-19 BC Update, June 10, 2021
PHO Henry says West Kootenay city is a COVID ‘hot spot’ in B.C.

There are 11 cases of COVID-19 in the Grand Forks local health area, according the BC CDC

At an outdoor drive-in convocation ceremony, Mount Royal University bestows an honorary Doctor of Laws on Blackfoot Elder and residential school survivor Clarence Wolfleg in Calgary on Tuesday, June 8, 2021. THE CANADIAN PRESS/Jeff McIntosh
‘You didn’t get the best of me’: Residential school survivor gets honorary doctorate

Clarence Wolfleg receives honorary doctorate from Mount Royal University, the highest honour the school gives out

Indigenous Services Minister Marc Miller is seen during a news conference, Wednesday May 19, 2021 in Ottawa. THE CANADIAN PRESS/Adrian Wyld
Indigenous child-welfare battle heads to court despite calls for Ottawa to drop cases

Feds are poised to argue against two Canadian Human Rights Tribunal rulings

The Great Ogopogo Bathtub Race has been held in Summerland as a fundraising event. Do you know which Canadian city introduced this sport? (Black Press file photo)
QUIZ: A summer’s day at the water

How much do you know about boats, lakes and water?

Two-year-old Ivy McLeod laughs while playing with Lucky the puppy outside their Chilliwack home on Thursday, June 10, 2021. (Jenna Hauck/ Chilliwack Progress)
VIDEO: B.C. family finds ‘perfect’ puppy with limb difference for 2-year-old Ivy

Ivy has special bond with Lucky the puppy who was also born with limb difference

Join Black Press Media and Do Some Good
Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

A million-dollar ticket was sold to an individual in Vernon from the Lotto Max draw Friday, June 11, 2021. (Photo courtesy of BCLC)
Lottery ticket worth $1 million sold in Vernon

One lucky individual holds one of 20 tickets worth $1 million from Friday’s Lotto Max draw

“65 years, I’ve carried the stories in my mind and live it every day,” says Jack Kruger. (Athena Bonneau)
‘Maybe this time they will listen’: Survivor shares stories from B.C. residential school

Jack Kruger, living in Syilx territory, wasn’t surprised by news of 215 children’s remains found on the grounds of the former Kamloops Indian Residential School

A logging truck carries its load down the Elaho Valley near in Squamish, B.C. in this file photo. THE CANADIAN PRESS/Chuck Stoody
Squamish Nation calls for old-growth logging moratorium in its territory

The nation says 44% of old-growth forests in its 6,900-square kilometre territory are protected while the rest remain at risk

Most Read