Tag: Homebuilding

Developers to Get Cheap Land Leases in Canadian Homebuilding Push

(Bloomberg) — Prime Minister Justin Trudeau’s government will provide low-cost leases of public land to developers and push factory construction of homes as part of what it calls a “historic” plan to alleviate Canada’s housing crisis. Most Read from Bloomberg Companies that agree to build affordable homes will gain access to “surplus, underused, and vacant […]

Trudeau Offers Up to $1.5 Billion in Financing for BC Homebuilding

(Bloomberg) — The Canadian government will provide up to C$2 billion ($1.5 billion) in low-cost financing to accelerate homebuilding for middle-income families in British Columbia, Prime Minister Justin Trudeau announced Tuesday. Most Read from Bloomberg The investment adds to the province’s commitment to provide C$2 billion in loans and C$950 million in spending as part […]

British Columbia Hatches $1.5 Billion Loan Plan to Boost Homebuilding

(Bloomberg) — British Columbia’s government launched a program to accelerate the construction of thousands of affordable homes, backed with a C$2 billion ($1.5 billion) lending commitment and C$950 million in spending. Most Read from Bloomberg BC Premier David Eby said the new body will identify owners of low-cost land, bring them together with contractors and […]