Bill C-20 — Loi concernant la constitution de Maisons Canada
Loi sur Maisons Canada
This proposed law, called the Build Canada Homes Act, aims to create a new organization called "Build Canada Homes." This organization would work to increase the number of affordable homes available across the country. It would also encourage the use of new and efficient building methods. The proposed law would allow Build Canada Homes to provide money to people or groups, including governments, to help them build affordable housing. It could also invest in companies that are working on affordable housing or developing new building techniques. Build Canada Homes could even build homes themselves. The organization would have a board of directors and a Chief Executive Officer to manage its operations. The government could give Build Canada Homes up to $11.5 billion to fund its work. This matters because it could make housing more affordable for Canadians. By increasing the supply of affordable homes and promoting innovative building techniques, the proposed law could help address the housing crisis in many parts of the country. It could affect anyone who is struggling to find affordable housing, as well as the construction industry and governments at all levels.
Where this proposed law falls on the policy spectrums that Canadians care about
Choisissez vos 3 priorités pour voir comment ce projet de loi correspond à ce qui vous tient à cœur.
Inscription gratuite — 30 sThis proposed law sets up a corporation to boost affordable housing using different financial tools. It seems good at creating the organization, but leaves many specifics about how it will operate to later decisions.
Things to Watch For
- The law doesn't say exactly what "affordable housing" means.
- It's not clear how the corporation will decide which projects to fund or invest in.
- The law doesn't specify how the corporation will work with existing housing programs.
- There are few details on how the corporation will measure its success.
- The rules for how the corporation can be directed by the government could allow for political interference.
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How likely this proposed law is to be approved
Since the government proposed it and it's already at the second reading, it has a decent chance. However, it's still early in the process, so there's a good chance it could be changed or not pass.
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