Press Release
October 14, 2025
Solving Canada’s housing crisis requires immediate action to build up supply and bring down costs. The Government of Canada is stepping up with unprecedented investments to supercharge housing construction in Canada. To that end, the federal government launched Build Canada Homes, a new federal agency that will build affordable housing at scale, including transitional and supportive housing, deeply affordable and community housing, and affordable homes for the Canadian middle class.
As we build a strong Canadian housing sector, purposeful collaboration will be essential. That means working together with the private and non-profit sectors to bring down costs and build homes at a scale and pace not seen in generations. These investments are also providing Canadians with increased access to affordable and sustainable housing.
The Affordable Housing Fund (AHF) provides funding through low-interest and/or forgivable loans or contributions to partnered organizations for new affordable housing and the renovation and repair of existing, affordable and community housing.
Today, the federal government, along with the Province of Manitoba announced more than $9 million in combined funding to help repair 738 secure, affordable rental homes across Manitoba. The repairs will extend the life of existing affordable housing units located across the province.
The announcement was made by the Honourable Rebecca Chartrand, Minister of Northern and Arctic Affairs, Minister responsible for the Canadian Northern Economic Development Agency, Member of Parliament for Churchill – Keewatinook Aski, on behalf of the Honourable Gregor Robertson, Minister of Housing and Infrastructure and Minister responsible for Pacific Economic Development Canada, and the Honourable Kevin Lamoureux, Parliamentary Secretary to the Leader of the Government in the House of Commons and Member of Parliament for Winnipeg North, alongside the Honourable Bernadette Smith, Minister of Housing, Addiction and Homelessness for Manitoba.
Budget 2025, to be tabled next month, will build on this momentum with further measures to lower costs for builders, catalyse private capital, and double the pace of homebuilding across Canada. Budget 2025 will spend less on government operations and reduce waste, so we can invest more to grow our economy, build more homes, and make life more affordable for you.
Quotes:
“We need to build more, build better and build bolder. Through investments in affordable housing, our government is supporting those who need it most, here in Winnipeg and across the country. We are committed to strengthening communities through initiatives like this one.”
“Every Canadian has a right to a safe, affordable home to call their own. That is why this government is collaborating with provincial and municipal governments to deliver good, quality homes to areas that need them most. These projects will provide more safe, affordable homes for residents in Manitoba. It’s also another step forward in building an economy that serves everyone.”
“This investment is another significant step in ensuring Manitobans have access to safe, stable, secure and affordable housing for those who need it most. By extending the life of nearly 740 rental homes across the province, we’re not only preserving critical housing stock, but we’re also supporting healthier, more stable communities. Our government is proud to work alongside our federal partners to deliver real solutions that help make life better for Manitobans.”
Quick facts:
Additional information:
Visit canada.ca/housing for the most-requested Government of Canada housing information.
CMHC plays a critical role as a national facilitator to promote stability and sustainability in Canada’s housing finance system. Our mortgage insurance products support access to homeownership and the creation and maintenance of rental supply. We also actively support the Government of Canada in delivering on its commitment to make housing more affordable. Our research and data help inform housing policy. By facilitating cooperation between all levels of government, private and non-profit sectors, we contribute to advancing housing affordability, equity, and climate compatibility. Follow us on X, YouTube, LinkedIn, Facebook and Instagram.
Information on this news release:
Renée LeBlanc Proctor
Office of the Minister of Housing and Infrastructure
renee.proctor@infc.gc.ca
Media Relations
Canada Mortgage and Housing Corporation
media@cmhc-schl.gc.ca
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