The Honourable Rechie Valdez highlights the launch of Build Canada Homes to supercharge homebuilding throughout the nation

Mississauga, Ontario, September 14, 2025 — Today, the Honourable Rechie Valdez, Minister of Women and Gender, Secretary of State for Small Business and Tourism and Member of Parliament for Mississauga—Streetsville, welcomed the federal authorities’s launch of Build Canada Homes — a brand new federal company that can construct inexpensive housing at scale.

Build Canada Homes will rework public-private co-operation and deploy fashionable strategies of building, because it catalyzes the creation of a wholly new Canadian housing trade. It will leverage public lands, provide versatile monetary incentives, entice personal capital, facilitate giant portfolio initiatives, and assist fashionable producers to construct the houses that Canadians want.

Build Canada Homes will assist combat homelessness by constructing transitional and supportive housing – working with provinces, territories, municipalities, and Indigenous communities. It will construct deeply inexpensive and group housing for low-income households, and accomplice with personal market builders to construct inexpensive houses for the Canadian center class.

With a daring new strategy and unprecedented investments, Build Canada Homes will take the next actions:

• Capitalization: Build Canada Homes can have an preliminary capitalization of $13 billion in order that builders have the financing they should get huge housing initiatives accomplished.
• Public Lands: By taking land prices out of the equation, personal builders can give attention to constructing. By transferring the Canada Lands Company underneath the Build Canada Homes portfolio, giant inexpensive housing initiatives will get in-built communities throughout the nation.
• Using progressive applied sciences and Canadian supplies: As a part of its mandate, Build Canada Homes will use cost-efficient and fashionable strategies of building equivalent to factory-built, modular housing, and mass timber. By adopting these strategies of building, Build Canada Homes will catalyze a brand new housing trade that builds quicker and extra sustainably yr spherical. By prioritizing Canadian supplies equivalent to lumber, aluminum, metal and mass timber, Build Canada Homes will strengthen home provide chains, scale up a home-grown housing trade, and creating high-paying careers throughout the nation.

The launch of Build Canada Homes and its preliminary investments are a part of the Canadian authorities’s broader effort to double the tempo of housing building over the subsequent decade. These efforts will make sure that communities throughout Canada profit from extra inexpensive housing and a stronger, extra sustainable housing system.