JUNE 6, 2009
Canada’s economic action plan
makes housing a priority
KINGSTON – Low-income Canadians, including seniors and
persons with disabilities will be well served by funding to
renovate and build new social housing across Canada, thanks
to Canada’s Economic Action Plan, Ed Komarnicki, Parliamentary
Secretary to Diane Finley, Minister of Human Resources and Skills
Development Canada and Minister Responsible for Canada Mortgage
and Housing Corporation (CMHC), highlighted today, while visiting
Kingston Co-operative Homes Inc.
“Housing is a priority for our government,” said
Parliamentary Secretary Komarnicki. “People across Canada,
including seniors, persons with disabilities, First Nations,
and those living in Canada’s North, will benefit from
this investment, which will help to ensure that we continue
to offer safe and affordable housing to Canadians.“
Canada’s Economic Action Plan includes more than $2 billion
to build new and renovate existing social housing. Of the $2
billion: $1 billion is for renovations and upgrades; $475 million
is for low-income seniors and persons with disabilities; $400
million is for on-reserve communities; and $200 million is for
housing in the North.
“Since our government made this announcement in January,
we have been making real progress in delivering the funds,”
added Parliamentary Secretary Komarnicki. “The spin-off
benefits are tremendous. We’re putting Canada’s
economy back on the path to growth and making a real and lasting
difference for Canadians coast-to-coast-to coast.”
As Canada’s national housing agency, CMHC draws on more
than 60 years of experience to help Canadians access a variety
of quality, environmentally sustainable, and affordable homes
— homes that will continue to create vibrant and healthy
communities and cities across the country.
More information on this and other measures in Canada’s
Economic Action Plan, a plan to stimulate the economy and protect
those hit hardest by the global recession, can be found at:
www.actionplan.gc.ca or by calling 1-800-O Canada.
For more information on CMHC’s initiatives for Canadians
and communities under Canada’s Economic Action Plan, CMHC’s
website at: www.cmhc.ca/housingactionplan or by phone at
1-800-668-2642.
