Far too many Canadians are struggling to find homes they can afford. Solving Canada's housing crisis requires immediate action to bring down costs, cut red tape, and build homes more quickly.
Central to that plan is building - major infrastructure, more homes, and strong communities. To that end, the Government of Canada launched Build Canada Homes, a new federal agency that will increase the pace of homebuilding, including transitional and supportive housing, deeply affordable and community housing.
The Government of Canada, through Build Canada Homes, and the Province of New Brunswick are partnering on a major affordable housing partnership to accelerate the delivery of up to 1,200 shovel‑ready affordable homes, with the potential to scale to 1,500.
Build Canada Homes intends to contribute up to $150 million to support these 1,200 homes, prioritizing projects that deliver deep affordability, use modern methods of construction (MMC), and leverage additional investment to maximize public value. Together, New Brunswick and Build Canada Homes will work to attract additional municipal, private, and philanthropic partners to expand towards the 1,500 homes target.
New Brunswick intends to contribute up to $150 million in combined capital and operating funding to support long‑term affordability, including funding for transitional and supportive housing.
At least half of all homes will serve lower-income Canadians, and a minimum of 160 homes will provide supportive and transitional housing. Affordability for supportive and rent-geared-to-income homes will be supported through long-term operating funding commitments for wrap-around services.
The current list of proposed projects demonstrates a strong commitment to supporting housing development in rural and smaller communities. Approximately 30 per cent of the homes, up to 450 will be in smaller and rural centres. Final project selection will be confirmed through the Joint Implementation Table.
The partnership will work with municipalities across New Brunswick to remove barriers to construction and support faster delivery. This includes measures such as reduced or waived development fees, expedited permitting processes, and temporary property tax relief, where available.
Modern methods of construction - including modular, prefabrication, and other offsite building techniques - will be prioritized to speed delivery, reduce costs, and strengthen Canadian supply chains, with a target of 40 per cent adoption across the portfolio.
Final funding decisions will be made by a Joint Implementation Table. Projects will be reviewed based on how well they meet the Build Canada Homes funding requirements and how they plan to use modern construction methods.
