As the Federal Liberals get set to publish their 2017 budget, the Federation of Canadian Municipalities (FCM — 2,000 members representing 90% of Canada’s population) have urged a focus on social housing. The Feds downsized their participation in development and maintenance of affordable housing, starting in 1993. Maybe they’re back.
The FCM’s position paper, and backgrounder, is HERE.
The FCM recommended $12.66B over 8 years be devoted to social housing — old and new.
Thanks to Bill Curry in the Globe and Mail.
The Federation of Canadian Municipalities has asked Ottawa to devote $12.6-billion of the $20-billion already pledged for “social” infrastructure to social and affordable housing.
The request was initially met with skepticism late last year from federal officials, including the head of the Canada Mortgage and Housing Corp., the federal housing authority. However, Calgary Mayor Naheed Nenshi said that the mayors received positive signals Friday morning on the request for $12.6-billion.
I was very, very, very happy to hear the Prime Minister say today that their investments in social housing, they think, will come in close to what the FCM is asking for. If that’s actually true, that will be an unprecedented investment in affordable housing across the country,” he said.