National

Feds announce funding for rental homes in BC

Darpan News Desk The Canadian Press, 17 Nov, 2023 04:24 PM

The federal government is providing more than 155-million dollars for rental homes in five B-C cities in the Okanagan and on Vancouver Island.

Statements from the Ministry of Housing, Infrastructure and Communities says nearly 88-million in fully-repayable low-interest loans is earmarked for the construction of 271 rental units in Victoria, Langford and Courtenay.

This week, we’ve unlocked loans that are going to help build nearly 12,000 apartments across the country. We’re focused on building more homes and making them more affordable for Canadians – and we’ll keep working to make progress just like this.
— Justin Trudeau (@JustinTrudeau) November 17, 2023

Another 67-million dollars in low interest loans is available for the construction of more than 200 rental homes in four projects planned for Kelowna and Penticton.

The ministry says rental construction in the country hasn't kept pace with the need and boosting the overall rental supply is crucial to creating stronger and more vibrant communities.

Prev Next

MORE National ARTICLES

Man charged after allegedly stealing a vehicle that was for sale by owner

22-year-old Muhammad Mehran Ali of Delta has been charged with dangerous operation of a motor vehicle, flight from police, possession of property obtained by a crime, carrying a concealed weapon, fail to comply with probation order and prohibited driving under the Motor Vehicle Act.

Man charged after allegedly stealing a vehicle that was for sale by owner

Provinces scramble after Trudeau declares holiday

While the announcement signalled that federal workers would get a day off on Sept. 19, the day of the Queen's state funeral and of commemorative events across the country, provinces had to work out the details for other workplaces, including schools, with less than a week's notice.

Provinces scramble after Trudeau declares holiday

B.C. study says 80% of kids, youth have had COVID

The study, which lists Dr. Bonnie Henry among 13 authors, says that in contrast, 60 to 70 per cent of adults aged 20 to 59 and about 40 per cent of those aged 60 and over have been infected. The preprint study, which has not been peer-reviewed, was published online on Sept. 9 and says a series of surveillance reports of infections were understating the actual levels of infection by 92 times.

B.C. study says 80% of kids, youth have had COVID

Most Canadians indifferent to monarchy: poll

The poll from Leger and the Association of Canadian Studies also found that while some Canadians are happy about King Charles III taking the throne and others are not, most are largely indifferent to Canada’s new head of state.

Most Canadians indifferent to monarchy: poll

Liberals announce cost-of-living help

Until now, the government has said it is helping through existing policies, such as child care agreements with the provinces and automatic annual increases to programs like the GST rebate and Canada Child Benefit, as well as 2021 budget promises to increase benefits for seniors and low-income workers.

Liberals announce cost-of-living help

Canada donates up to $28 million for Pakistan

Emergency food, water, sanitation and health services are badly needed after monsoon rains over the last three months have left more than one-third of the country underwater. More than 33 million people are affected by the floods and with much of the country's agricultural land underwater, the Pakistani government is warning of an impending food shortage.