Le Lézard
Classified in: Business
Subjects: POL, CFG

New agreement to help Nunavummiut find affordable homes


IQALUIT, Aug. 2, 2019 /CNW/ - Too many Nunavummiut struggle to find a safe and affordable place to call home. With the fastest growing and youngest population in Canada, Nunavut faces a housing crisis where overcrowded homes are putting families' health, safety, and well-being at risk. That is why we are making investments through Canada's first National Housing Strategy to fight homelessness and improve access to affordable housing for people living in Nunavut and across the country.

The Prime Minister, Justin Trudeau, and the Premier of Nunavut, Joe Savikataaq, today announced a new 10-year agreement between the Government of Canada and the Government of Nunavut that will make it easier for families in the territory to find good, affordable homes.

Under the new agreement, the federal and territorial governments will provide nearly $316 million in targeted funding to protect, renew, and expand social and community housing, and to repair and build affordable homes across the territory. Our investments ? combined with funding already available through a social housing agreement between Canada and Nunavut ? will help preserve more than 1,600 community housing units across the territory. We will also work together to introduce a new Canada Housing Benefit for people living in Nunavut, which will provide direct support to families and people in need.

The agreement reflects our shared commitment to provide long-term, predictable funding for housing that puts people first, helps build stronger communities, creates jobs, and supports the local economy.

Quotes

"Investing in affordable housing is about giving everyone a strong foundation so they can build a better future. For many Nunavummiut who have lived for years in overcrowded spaces, a new home is an opportunity to raise their families in a safe, healthy environment. With this new agreement, we are doing more than building and repairing housing units ? we are making a real difference in the lives of people and families in Nunavut."
?The Rt. Hon. Justin Trudeau, Prime Minister of Canada

"T?oday's announcement is yet another demonstration of our government's commitment to work in partnership with all provinces and territories in order to ensure that in Canada, when it comes to housing, no one is left behind?."
?The Hon. Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister responsible for the Canada Mortgage and Housing Corporation

"The Government of Canada is working to ensure every Canadian has a safe and affordable place to call home. Long-term, predictable funding for housing has been needed for more than a decade. Today, with the Government of Nunavut, we are taking a significant step toward our goal of building strong communities where Canadian families can prosper and thrive, now and for the future. Our government will continue working in partnership with Nunavut and other provinces and territories to build affordable housing units and renew existing community housing units across the country."
?Yvonne Jones, Parliamentary Secretary to the Minister of Intergovernmental and Northern Affairs and Internal Trade

"Nunavut's housing needs are urgent, and access to safe, affordable housing will relieve many of the barriers Nunavummiut face every day. Helping our families move along the housing continuum also helps to foster their protective factors including social equity, family strength, and cultural stability. We look forward to working with the federal government to increase direct, strategic investments in housing to improve the quality of life of our people."
?The Hon. Joe Savikataaq, Premier of Nunavut

Quick Facts

Associated Links

This document is also available at https://pm.gc.ca/

 

SOURCE Prime Minister's Office


These press releases may also interest you

at 20:07
Ascentage Pharma (6855.HK), a global biopharmaceutical company engaged in discovering, developing and commercializing both first-in-class and best-in-class therapies for hematological malignancies, announced today that on July 2, 2024, in relation to...

at 18:46
BOXABL, the innovative housing startup known for its foldable Casita homes and building technology, has announced this week that investors have indicated they want to invest over $10MM in the current stock offering. BOXABL previously SOLD OUT the Reg...

at 18:18
Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against UiPath Inc. ("UiPath" or the "Company") . Class Period: December 1, 2023 ? May 29, 2024 Lead...

at 18:15
Payfare Inc. ("Payfare" or the "Company")  today announces the completion of the filing of its audited annual financial statements, management's discussion and analysis, annual information form and related certifications, all for the year ended...

at 17:53
The Mohanji Foundation, a global non-profit organization founded by Mohanji; World Consciousness Alliance, a Mohanji-founded platform for artists dedicated to raising awareness; and The Diplomatic Club, a non-political, non-profit organization...

at 17:45
The global online home rental services market size is estimated to grow by USD 28.01 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 14.72% during the forecast period. High real estate prices make...



News published on and distributed by: