Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation

February 09, 2010 14:14 ET

Canada's Economic Action Plan Creates Jobs and Improves Social Housing in British Columbia

LADNER, BRITISH COLUMBIA--(Marketwire - Feb. 9, 2010) - Canada's Economic Action plan delivers over $8 million dollars in much needed social housing renovation and retrofit investments for 13 housing co-operatives in the Lower Mainland.

The announcement was made by John Cummins, Member of Parliament for Delta-Richmond, 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 concrete action to help ensure our economic recovery and create the conditions for long-term growth," said MP John Cummins. "Funding renovation and retrofit projects like this one will not only improve the quality of life of its residents by keeping their homes safe and affordable for years to come, but also help stimulate the local economy and create jobs."

Through Canada's Economic Action Plan, the Government of Canada 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 which they administer on behalf of the partnership. The remaining $150 million is being delivered by CMHC for existing federally assisted off-reserve housing which it directly administers. Eligible repairs include general improvements, energy efficiency upgrades or conversions, and modifications in support of persons with disabilities.

As of February 1, 2010, CMHC is accepting applications from eligible project sponsors for the remaining $75 million funding for year two. Sponsor groups can apply online or through the mail. Eligible repairs include general improvements, energy-efficiency upgrades or conversions, and modifications in support of persons with disabilities.

The housing co-operatives that will receive contributions from the Government of Canada being announced today are:

Ladner, The Mariner Cove $ 203,544
Vancouver, Connaught Housing Co-operative $ 241,839
Victoria, Craigflower Housing Co-operative $ 195,417
Vancouver, David Wetherow Housing Co-operative $ 64,574
Burnaby, Garden Square Housing Co-operative $ 613,350
Burnaby, Halston Hills Housing Co-operative $1,403,475
Vancouver, Killarney Gardens Housing Co-operative $2,893,514
Vancouver, Kitsun Co-operative Housing Association $ 412,634
Richmond, Klahanie Co-operataive Housing Association $ 939,561
Vancouver, Marina Housing Co-operative $ 106,200
New Westminster, New Westminster Co-operative Housing Association $ 89,358
Vancouver, Tidal Flats Housing Co-operative $ 65,313
Burnaby, Whattlekainum Co-operative Housing $ 879,560

"We are very excited that the Mariner Cove has been granted federal funding through Canada's Economic Action Plan," said Bob Christofoli on behalf of the Mariner Cove. "The planned renovations will not only make our complex more energy efficient, but will also provide an adequate environment for the future of our complex."

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:

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

Contact Information

  • CMHC Media Relations, BC
    Andrea Scott
    Media inquiries
    CMHC Media Relations
    Charles Sauriol
    Media inquiries
    Office of Minister Finley
    Michelle Bakos
    Media inquiries