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

Prime Minister's Office gives mandate letters to two ministers, months after shuffle

The letters for the ministers in charge of the newly minted citizens' services and sport and physical activity portfolios were posted online earlier this week, and serve as a guide to what the prime minister wants them to accomplish.

Prime Minister's Office gives mandate letters to two ministers, months after shuffle

Poll suggests widespread dissatisfaction with Trudeau government

Almost two in three Canadians have a negative impression of Prime Minister Justin Trudeau and half want him to resign before the next election, a new survey suggests. While affordability, housing and public debt are higher on the reasons people want Trudeau to go, one in five people surveyed said they want him to resign simply because they are "just tired of him."

Poll suggests widespread dissatisfaction with Trudeau government

No Canadians on Rafah crossing list as Israel raids Gaza hospital

No more Canadians have been approved to leave the Gaza Strip on Wednesday via the Rafah border crossing into Egypt, as hundreds of people connected to Canada continue to wait for help to leave. A total of 356 Canadians, permanent residents and family members have been able to leave the besieged Palestinian territory so far.

No Canadians on Rafah crossing list as Israel raids Gaza hospital

100 Vancouver police sent to protect Trudeau after protest surrounds restaurant

Police say one man was arrested for assaulting an officer, and another for obstruction, while social media videos showed protesters waving Palestinian flags, shouting slogans and jeering Trudeau outside the restaurant in Vancouver's Chinatown.

100 Vancouver police sent to protect Trudeau after protest surrounds restaurant

Burnaby RCMP officer assaulted

Burnaby R-C-M-P say multiple charges are being considered after a suspect reportedly assaulted a police officer and tried to take his firearm. The Mounties say they received several reports around noon yesterday of a man attacking people, walking into traffic and attempting to open doors of parked and moving vehicles near Kingsway and McKay Avenue.

Burnaby RCMP officer assaulted

Slow home sales in BC

The B-C Real Estate Association's chief economist says high borrowing costs and stricter stress tests for buyers have led to an expected slowing of home sales in the province. However, Brendon Ogmundson says inventory remains low, balancing the market at what he says is a very low level of activity.