B.C. and Ottawa sign 10-year, $1B affordable housing agreement
Cost-sharing agreement prioritizes social and community housing

The provincial and federal governments have struck an agreement to put nearly $1 billion into affordable housing in B.C.
Jean-Yves Duclos, the federal minister responsible for the Canada Mortgage and Housing Corporation, made the announcement alongside B.C. Housing Minister Selina Robinson.
The deal will fund affordable housing to the tune of $990 million over 10 years with the cost shared equally between governments.
The focus of the spending will be on protecting, renewing and expanding social and community housing, according to the ministers.
Duclos says it's only the second deal of its kind the federal government has made with a province.
Robinson says the money will help with the pre-existing plan to build 114,000 units of affordable housing and will help address the affordability crisis in the province.
With files from Rafferty Baker
Comments
To encourage thoughtful and respectful conversations, first and last names will appear with each submission to CBC/Radio-Canada's online communities (except in children and youth-oriented communities). Pseudonyms will no longer be permitted.
By submitting a comment, you accept that CBC has the right to reproduce and publish that comment in whole or in part, in any manner CBC chooses. Please note that CBC does not endorse the opinions expressed in comments. Comments on this story are moderated according to our Submission Guidelines. Comments are welcome while open. We reserve the right to close comments at any time.
Become a CBC Member
Join the conversation Create account
Already have an account?