Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation
Canada's Economic Action Plan

Canada's Economic Action Plan

March 26, 2010 11:02 ET

CMHC: Canada's Economic Action Plan Creates Jobs and Improves Social Housing in Quebec

LA POCATIÈRE, QUÉBEC--(Marketwire - March 26, 2010) - The Government of Canada announced today that 26 housing co-operatives and non-profit organizations located in the Gaspésie–Bas-Saint-Laurent region will receive more than $1.1 million, through Canada's Economic Action Plan, as part of the social housing renovation and retrofit investments.

The announcement was made by Bernard Généreux, Member of Parliament for Montmagny–L'Islet–Kamouraska–Rivière-du-Loup, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC).

"Through Canada's Economic Action Plan, our government is taking action to help ensure our economic recovery and create the conditions for long-term growth," said MP Généreux. "Funding renovation and retrofit projects, like these ones, will not only improve the quality of life of the residents by keeping their homes safe and affordable but also help stimulate the local economy and create jobs."

The Government of Canada, through Canada's Economic Action Plan, announced $1 billion for social housing renovation and retrofit. Of the $1 billion, $850 million is being delivered by provinces and territories on a cost-matched basis for existing federally assisted social housing projects that they administer on behalf of the partnership. The remaining $150 million is being delivered by CMHC for existing federally assisted off-reserve housing that it directly administers. Eligible repairs include general improvements, energy-efficiency upgrades or conversions, and modifications in support of persons with disabilities.

The housing co-operatives and non-profit organizations that will receive contributions from the Government of Canada are listed in the attached backgrounder.

"The financial contributions provided under the federal renovation and retrofit initiative administered by CMHC will benefit the residents of the Coopérative d'habitation Notre Défi" said Sylvie Laliberté, Chair of the Board of Directors of the co-operative. "In fact, these funds will serve to renovate the roof and replace the doors in order to enhance the quality of life of the residents. We are very pleased to have received this funding, which will help improve the comfort and safety of our residents."

More information on this and other measures in Canada's Economic Action Plan, the federal government's plan to stimulate the economy and protect those hit hardest by the global recession, can be found at www.actionplan.gc.ca.

To find out more about how the Government of Canada and CMHC are working to build stronger homes and communities for all Canadians, call CMHC at 1-800-668-2642 or visit www.cmhc.ca/housingactionplan.

BACKGROUNDER

The housing co-operatives and non-profit organizations that will receive funding contributions from the Government of Canada are as follows:

Groupe Immobilier Rioux inc. $ 96,292
App. Lebouthillier $ 132,378
Carrefour International de la jeunesse inc. $ 167,932
Domaine Porte-à-Joie inc. $ 8,608
Coopérative d'habitation de Saint-Honoré $ 20,656
Coopérative d'habitation La Sauvegarde $ 17,789
Coopérative d'habitation Notre Défi $ 72,812
Habitations New Carlisle Ltée $ 32,356
La Villa coopérative d'habitation de Saint-Gabriel $ 46,402
Pavillon Bouillon inc. $ 22,716
Terrasses Maria inc. (rue des Geais) $ 57,074
Les Logements Côte du Sud inc. $ 43,264
Les Habitations Tracadièche inc. $ 16,000
Habitats Bonaventure inc. (rue Beaumont) $ 19,172
Terrasses Maria inc. (rue des Bouvreuils) $ 18,624
Société d'habitation Grand-Portage inc. $ 19,361
Logements Blais inc. $ 78,050
Coopérative d'habitation de Padoue $ 27,856
Les Habitations de l'Isle Verte inc. $ 16,674
Coopérative d'habitation Les Pyramides $ 44,800
Coopérative d'habitation du Mirage de Baie-Comeau $ 21,446
Les Résidences de Grande-Rivière inc. $ 76,457
Habitats Bonaventure inc. (rue Thomas Gravel) $ 2,574
Coopérative d'habitation La Serre $ 60,240
Coopérative d'habitation du Ruisseau des Plants $ 20,410
Coopérative d'habitation Lavernière $ 17,789

Contact Information

  • Marie-Chantale Lortie
    Communications and Marketing
    514-496-4025
    or
    CMHC
    Charles Sauriol
    Media Relations
    613-748-2799
    or
    Office of Minister Finley
    Michelle Bakos
    819-994-2482