Earlier this week the Government of Canada released Canada’s first-ever National Housing Strategy (NHS). In partnership with the territories and provinces, the NHS is a 10-year, $40-billion plan that will help reduce homelessness and improve the availability and quality of housing for Canadians in need.
“The government is re-establishing its leadership role in housing,” said Yukon’s Member of Parliament Larry Bagnell. “The National Housing Strategy is focused on meeting the needs of our most vulnerable Canadians and will help build and repair our affordable housing stock in the Yukon.”
The NHS will act as a national blueprint for; reducing chronic homelessness by 50%; Removing more than 530,000 families and individuals out of housing need; Creating 100,000 new housing units; Repairing and renewing more than 300,000 housing units and; Protecting an additional 385,000 families and individuals from losing an affordable place to live.
“As part of the National Housing Strategy, the Government of Canada has addressed the fact all three territories have a housing need above the national average,” said MP Bagnell. “I am pleased that the government has reaffirmed its commitment of $300 million, as laid out in Budget 2017, to help 3,000 northern families find affordable homes.”
A key piece of the NHS is the Canada Housing Benefit which will be launched in 2020 to respond to local housing needs and priorities. Once fully implemented, the Canada Housing Benefit will assist at least 300,000 families by providing an estimated average of $2,500 per year to each household recipient.
Further details will be available in the coming months once the bilateral agreement between Yukon and the Government of Canada has been signed.
National Housing Strategy
Office of Larry Bagnell, MP Yukon