The Government of Canada today announced that Bill C‑20, the Build Canada Homes Act, has received Royal Assent, marking an important milestone in the Government's plan to build more homes, faster and help make housing more affordable for Canadians.
The Build Canada Homes Act sets out the legislative framework to establish Build Canada Homes as a Crown corporation, strengthening its capacity to scale up housing delivery and work in partnership with provinces, territories, municipalities, Indigenous partners and the private and non-profit sectors.
Royal Assent represents a key step in a phased transition. Further steps, including orders in council, governance implementation and leadership appointments, are required before Build Canada Homes becomes fully operational as a Crown corporation later this year.
Since its launch in September 2025, Build Canada Homes has already advanced six Direct-Build projects across the country and secured major partnerships with provinces, territories, municipalities and Indigenous partners, representing more than 11,000 new homes underway or nearing construction.
The transition to Crown corporation status will provide Build Canada Homes with enhanced tools, governance and flexibility to build on this early progress, accelerate housing supply and improve affordability at scale.
The Government of Canada will continue to advance the next phases required to fully establish Build Canada Homes and strengthen its ability to deliver housing outcomes for Canadians who need it most.
