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.
Today, the Government of Canada and the Government of Nunavut attended a site visit for a new multi‑unit housing development in Iqaluit, part of the Build Canada Homes partnership. This site already has shovels in the ground, working quickly to deliver much needed homes in the north. Anticipated to include approximately 46 homes of public housing, the project is one of several builds that highlights Build Canada Homes' early momentum and ability to work in partnership to deliver homes and shovels in the ground quickly. It is also an example of the Nunavut Housing Corporation's leadership, construction capacity, and commitment to delivering high‑quality housing in Nunavut communities.
Build Canada Homes is working with provincial and territorial partners across the country to deliver on affordable housing quickly. In Nunavut, this work is already taking shape, with a mix of off-site modern methods of construction and locally built homes progressing across the Territory-from Cambridge Bay and Baker Lake to Rankin Inlet and Arviat.
The visit follows the signature of a new partnership which outlines a shared commitment to deliver up to 750 much‑needed homes across Nunavut, including public, affordable, and supportive housing. Through this investment, BCH-the federal government's affordable housing builder will provide up to $250 million, with up to $230 million coming from the Government of Nunavut.
Building on this shared commitment, partners are also working to modernize how homes are built across the territory. Up to 30 per cent of the homes will be built off-site or incorporate modern methods construction that streamline building processes and help accelerate the delivery of housing while keeping costs down.
In addition, 25 of the 750 units will be specifically delivered and managed by NTI, in alignment with the Inuit-led housing model of the recently launched Igluvut Corporation.
Through Build Canada Homes, the Government of Canada, the Government of Nunavut, and Nunavut Tunngavik Incorporated are combining resources and laying the groundwork for lasting solutions that will improve living conditions and strengthen communities across the territory.