Skip to Main content

21.95°^C Vancouver

News Entertainment Sports Videos Shows Podcast Contact Us

Aug 30, 2022 8:24 PM - The Canadian Press

Federal government says it will build 17,000 homes, pegs cost at $2 billion

Share On

federal-government-says-it-will-build-17-000-homes-pegs-cost-at-2-billion

The federal government says it will spend more than $2 billion to build 17,000 homes, including thousands of affordable units. (Photo - The Canadian Press)

The federal government says it will spend more than $2 billion to build 17,000 homes, including thousands of affordable units.

Prime Minister Justin Trudeau made the announcement today in Kitchener, Ont., alongside Housing Minister Ahmed Hussen.

The Rapid Housing Initiative will be extended for a third round to build 4,500 affordable housing units, some of which will be part of women-focused housing and homelessness projects.

At least another 10,800 homes will be built through the Affordable Housing Innovation Fund, 6,000 of which will be affordable units.

The federal government is also creating a five-year rent-to-own program to help develop and test rent-to-own models and projects.

The funding for these projects was allocated in the 2021 and 2022 federal budgets.

Latest news

AlbertaSep 08, 2026

Lloydminster Hit-and-Run Claims One Life

A person has died following a hit-and-run collision in Lloydminster, located on the Alberta-Saskatchewan border, early Monday morning. Lloydminster RCMP were called at around 6:30 a.m. after an injured person was found unconscious on the roadway near 49 Avenue and Highway 16. Police and emergency crews responded to the scene and the victim was taken to hospital, where they were pronounced dead. Investigators say they have identified the suspected vehicle and driver involved in the collision. The investigation remains ongoing as police work to determine the circumstances surrounding the inciden

Three Separate Shootings Reported Across B.C. During Long Weekend; Two Injured

Three separate shooting incidents were reported in Abbotsford, Delta and Vancouver over the long weekend, leaving two people injured. The first incident occurred shortly after 11 p.m. Saturday in the 2500 block of McCallum Road in Abbotsford. Police said occupants of a dark-coloured SUV fired multiple shots at a moving vehicle. No one was injured. Shortly afterward, officers found an SUV fully engulfed in flames about five kilometres away. Police are investigating whether the vehicle fire was connected to the shooting and believe the incident was targeted. The second shooting happened around

brampton-retail-robbery-series-punjabi-youth-arrested

Brampton Retail Robbery Series: Punjabi Youth Arrested

Peel Regional Police have arrested a 22-year-old Brampton man, identified as Tapinder Singh Ghuman, in connection with a series of retail store robberies in the city. Police said five retail businesses were targeted between August 14 and August 24. Investigators allege the suspect used a similar method in each incident, entering the businesses and demanding money while allegedly threatening employees with a sharp weapon. Following the investigation, police identified Ghuman as the suspect and arrested him on August 29. Ghuman is facing five counts of robbery, six counts of disguise with intent

canada-u-s-trade-war-could-drag-on-as-washington-weighs-more-tariffs

CanadaSep 08, 2026

Canada-U.S. Trade War Could Drag On as Washington Weighs More Tariffs

The Canada-U.S. trade war could drag on, with U.S. Trade Representative Jamieson Greer warning that Washington could consider imposing additional retaliatory tariffs on Canadian goods as early as today. Meanwhile, Prime Minister Mark Carney, in a video message to Canadians, said the country would have to pay a significant price for reducing its trade dependence on the United States. However, he stressed that failing to take action could have even more damaging consequences. Carney said Canada has all the necessary tools to reduce its dependence on the U.S. and build a stronger, more prosperous

Suspended Vancouver Police Officer Kalwinder Dosanjh Granted Bail Under 23 Strict Conditions

Suspended Vancouver Police officer Kalwinder Dosanjh has been granted bail under 23 strict conditions following his arrest in Surrey. As part of the bail conditions, Dosanjh must regularly report to a bail supervisor with the Burnaby RCMP and is prohibited from leaving British Columbia without permission. His passport and other travel documents have also been surrendered. Dosanjh has been ordered not to have any direct or indirect contact with 24 investors and five other individuals identified as being within the scope of the investigation. He is also prohibited from contacting any Vancouver P

Related News

Canada-U.S. Trade War Could Drag On as Washington Weighs More Tariffs

Canada-U.S. Trade War Could Drag On as Washington Weighs More Tariffs

The Canada-U.S. trade war could drag on, with U.S. Trade Representative Jamieson Greer warning that Washington could consider imposing additional retaliatory tariffs on Canadian goods as early as today. Meanwhile, Prime Minister Mark Carney, in a video message to Canadians, said the country would have to pay a significant price for reducing its trade dependence on the United States. However, he stressed that failing to take action could have even more damaging consequences. Carney said Canada has all the necessary tools to reduce its dependence on the U.S. and build a stronger, more prosperous

Canada imposes retaliatory tariffs of up to 50 per cent on U.S. imports

Canada imposes retaliatory tariffs of up to 50 per cent on U.S. imports

Canada has imposed retaliatory tariffs ranging from 15 to 50 per cent on a range of goods imported from the United States, affecting an estimated $28 billion worth of U.S. imports. The tariffs cover products including steel, furniture and cotton T-shirts. Canadian counter-tariffs of 25 to 50 per cent have also been imposed on several U.S. dairy products, while American perfumes, sunscreen and hair-care products are now subject to tariffs of up to 50 per cent. The measures come amid escalating trade tensions between Canada and the United States. A day earlier, U.S. President Donald Trump threat

Poilievre Blasts Liberal Government Over 42,000 Jobs Lost in August

Poilievre Blasts Liberal Government Over 42,000 Jobs Lost in August

Conservative Leader Pierre Poilievre has criticized Prime Minister Mark Carney and the Liberal government after Statistics Canada reported that Canada lost 42,000 jobs in August. Poilievre called the job losses deeply concerning, blaming what he described as high taxes, red tape and unnecessary bureaucracy under the Liberal government for restricting employment opportunities across the country. He urged the government to adopt the Conservatives’ economic action plan, including immediately approving 500 major development projects currently awaiting permits. Poilievre also repeated his call to

Legals

Journalism code of ethics

© 2021 AKASH Broadcasting Inc.

MANAGED BY STRATWIT

useful links

Accessibility Plan

Broadcasting Notice of Consultation

BC Children's Hospital