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Who will it help?

The Housing Strategy is a truly national plan, built by — and for — Canadians. Over the next decade, it will invest $40 billion to build stronger communities and help Canadians across the country access a safe, affordable home.

Vulnerable Canadians

The first priority will be to help the most vulnerable Canadians access housing that is safe and located close to transit, jobs, healthcare and other services.

To this end, the strategy will remove 530,000 Canadians from housing need. This includes women and children fleeing family violence, seniors, Indigenous peoples, people with disabilities, those dealing with mental health and addiction issues, veterans and young adults.

Community housing provides a safe, affordable place for thousands of vulnerable Canadians to call home. But many of these homes are under-funded or in need of urgent repair.

To protect low-income families and preserve our social housing network, the strategy will invest $4.3 billion in a new Canada Community Housing Initiative. These funds will help the provinces and territories protect and renew our existing social housing, build thousands of new community-based homes, and keep housing affordable for 330,000 households across the country.

Vulnerable Canadians will be able to access housing that is safe and located close to transit, jobs, healthcare and other services.

Community housing providers will receive another $500 million through a new Federal Community Housing Initiative. This initiative will make sure they can continue to offer affordable rents for tenants in need, as our federal operating agreements for these homes expire over the next 10 years.

The strategy will invest $4 billion, jointly funded with provinces and territories, to create a new Canada Housing Benefit to meet local needs and fight the challenge of housing affordability. It will support families and individuals in housing need, including those  potentially living in social housing, those on a social housing wait-list, and those housed in the private market but struggling to make ends meet. The Benefit will deliver an average of $2,500 a year to each recipient household and grow to support at least 300,000 households.

The strategy will also make $200 million in surplus federal lands and buildings available to non-profits and other affordable housing providers at little or no cost. This will help create more affordable homes for Canadians in need, and encourage the development of sustainable, mixed-use and mixed-income communities.

People experiencing homelessness

Homelessness affects people from all walks of life, from women and children fleeing family violence, seniors, Indigenous peoples, people with disabilities and veterans, among others.

To tackle this urgent need head-on, the strategy sets out a detailed plan to make homelessness history. The first step is an investment of $2.2 billion in a renewed Homelessness Partnering Strategy, which will give communities the power to create local solutions to local housing needs. The aim of this plan is to cut chronic homelessness in Canada by 50% within the next 10 years.

Over the next 10 years, the strategy will cut chronic homelessness in half.

In addition, the strategy will work with our partners to make sure all veterans have access to a safe and affordable place to call home. This includes an investment of $4 million in a Veterans Emergency Fund, which offers financial support and assistance to veterans in crisis.

Indigenous peoples and northern communities

No relationship is more important to the Government than the one with Indigenous peoples. Indigenous peoples face some of the most complex and challenging housing issues in the country.

To address those issues, we will work on a nation-to-nation basis to create distinctions-based strategies that meet the unique housing needs of First Nations, Inuit and Métis Nation partners.

These strategies will be founded on the core principles of self-determination, reconciliation, respect and cooperation. The goal will be to give Indigenous peoples the tools they need to create, control and manage their own housing.

In addition, housing challenges in Canada’s North are also very different than in the rest of the country. Harsh climates, remote locations and higher costs make homes in northern communities more expensive to build, operate and maintain.

To offset these high costs, the strategy will invest $300 million to help some 3,000 northern families find affordable homes.

Homeowners

The main goal of the strategy is to help the most vulnerable Canadians and those struggling to make ends meet. But it also addresses the needs of people across the whole spectrum of Canadian society. This includes making sure that middle class Canadians can afford to own a home.

To help homeowners, the strategy will make it easier for self-employed Canadians to get a mortgage and buy the home that meets their needs and that they can afford. It will look at ways to promote more balanced housing markets in high-priced areas like Vancouver and Toronto. And it will introduce new tools to reduce mortgage fraud and keep Canadians safe from thieves and scam artists.