Today, the Honourable Gregor Robertson, Minister of Housing and Infrastructure and Minister responsible for Pacific Economic Development Canada, announced the appointment of Evan Siddall as inaugural Chair of the Board of Directors of Build Canada Homes.
Mr. Siddall brings deep housing, institutional finance and governance experience as former CEO of Canada Mortgage and Housing Corporation and Vice-Chair of BMO Capital Markets.
Build Canada Homes is Canada's new federal agency that is building affordable homes, supporting builders with financing, and encouraging innovative building methods - using Canadian technology, workers and lumber, and sustainable building practices.
With a focus primarily on non-market housing, supporting a mix of income needs, Build Canada Homes is part of a national effort to speed up housing construction, restore affordability, and reduce homeless.
Since its launch, Build Canada Homes has already committed to nearly 17,000 units through 17 partnerships, with more than 1,900 homes already under construction. This appointment represents a key milestone for Build Canada Homes, moving from early project development to full operations as a Crown corporation.