⭐ Our BuildCanadaHomes.org Analysis:
Takeaway
The recent announcement surrounding Canada’s Budget 2025, which includes the launch of "Build Canada Homes," marks a significant pivot in the nation’s approach to addressing its housing crisis. This new federal initiative aims to expedite the construction of affordable housing through innovative public-private partnerships and modern construction methods, ultimately targeting a doubling of homebuilding efforts over the next decade. In particular, the plan focuses on leveraging public lands and creating community-oriented housing models, as illustrated by the ongoing redevelopment at the Village at Griesbach in Edmonton, emphasizing the need for scalable, affordable solutions.
For developers and builders in Ontario, especially in the Greater Toronto Area (GTA), the immediate and long-term implications of this initiative are profound. The increased federal focus on housing production could lead to growth in demand for skilled trades and a renewed emphasis on innovative construction techniques. Ontario’s construction businesses should consider adapting to these changes by investing in training for modern building methods and understanding how to position themselves within this new framework of public-private collaboration. Why it matters: Embracing these governmental shifts not only ensures compliance with emerging regulations but also provides a competitive edge in securing government contracts, which are likely to be a significant source of demand in the coming years.
EDMONTON, AB, Nov. 12, 2025 /CNW/ – Changes in the global trading system are causing massive disruptions and uncertainty for Canadians. The world has changed, and Canada’s economic strategy must change.
Budget 2025: Canada Strong is our plan to transform our economy from one that is reliant on a single trade partner to one that is stronger, more self-sufficient, and more resilient to global shocks. This budget is a plan to enable $1 trillion in investments over the next five years. This is a plan for Canada to give ourselves more than any foreign government can take away – a plan to build Canada strong.
Central to that plan is building – major infrastructure, thousands of more homes, and strong communities. To that end, the Government of Canada launched Build Canada Homes which will help double the pace of homebuilding over the next decade to increase housing supply, alongside other measures. It will also transform public-private collaboration and deploy modern methods of construction, as it catalyses the creation of an entirely new Canadian housing industry. This new federal agency will build affordable housing at scale, including transitional and supportive housing, deeply affordable and community housing, and affordable homes for the Canadian middle class. Build Canada Homes is responding to the housing challenges Canadians are facing with bold action.
Today, Mike Kelloway, Parliamentary Secretary to the Minister of Transport and Internal Trade, announced that Build Canada Homes is accepting Requests for Qualifications (RFQ) for the partial redevelopment of the Northeast corner of the Village at Griesbach property, a prime site prioritized for a Direct Build approach using modern construction methods to accelerate affordable housing delivery in Edmonton.
The Northeast corner of the Village at Griesbach is the final portion of land to be redeveloped within the community, which will ultimately comprise 2,400 homes, adding to already enabled 5,300 units in the Village. Two parcels at the Northeast corner will be earmarked for the Direct Build project, resulting in 355 homes. Village at Griesbach already includes affordable housing programs delivered by organizations such as Métis Capital Housing Corporation and HomeEd, reinforcing its role as a hub for inclusive housing solutions.
Build Canada Homes will transform public-private collaboration and deploy modern methods of construction, as it catalyses the creation of a more productive Canadian housing industry. It will leverage public lands, offer flexible financial incentives, attract private capital, facilitate large portfolio projects, and support modern manufacturers to build the homes that Canadians need.
Source: Read the original article at Build Canada Homes Accelerates Affordable Housing in Edmonton on finance.yahoo.com
