ONPHA Advocacy Pillar
Cross-Governmental Approaches
Program
Amount
$20,000,000,000
Homes Committed
30,000

The annual limit for Canada Mortgage Bonds is being increased from $40 billion to up to $60 billion and will unlock low-cost financing for multi-unit rental construction. This new measure will help to build up to 30,000 more rental apartments per year.

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Sep-23