Prime Minister Mark Carney, joined by the Honourable Gregor Robertson, Minister of Housing and Infrastructure, announced the launch of Build Canada Homes (BCH), a new federal agency focused on building more affordable housing, on September 14, 2025, in Nepean.
With an initial investment of $13 billion, the agency is expected to build 4,000 homes on six federally owned sites across the country, with the capacity to scale up to 45,000 units.
This new initiative will transform public-private collaboration and deploy modern methods of construction. It will leverage public lands, offer flexible financial incentives, attract private capital, facilitate large portfolio projects, and support modern manufacturers.
Prime Minister Carney credited Nepean home builder Caivan, which had been building six modular homes a day and intends to increase that to 38 by the end of 2025, with 10,000 homes being built in the Nation's Capital annually.
BCH will offer financial incentives to developers and also allow them to get approval for building permits in bulk, rather than submitting dozens of applications. An additional benefit of the program is that by utilizing factory-built, modular, and mass timber options, homes can also be built throughout the winter when conditions can make it difficult to break ground.
Construction on the federally funded homes is expected to begin in 2026, and Prime Minister Carney asked his parliamentary colleagues to identify other parcels of land that can be added to the Canada Land Bank.
To view the full announcement, please visit: Carney Govt Launches New Federal Housing Agency – September 14, 2025 - Headline Politics - CPAC.ca.