Canada's Economic Action Plan

Canada's Economic Action Plan
Government of Quebec

Government of Quebec
Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation
Société d'habitation du Québec

Société d'habitation du Québec

May 03, 2010 10:00 ET

Governments of Canada and Quebec Invest in Affordable Housing in Thetford Mines

THETFORD MINES, QUEBEC--(Marketwire - May 3, 2010) - The Honourable Christian Paradis, Minister of Natural Resources and Member of Parliament for Mégantic–L'Érable, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation, and Laurent Lessard, Minister of Municipal Affairs, Regions and Land Occupancy, Minister responsible for the Chaudière-Appalaches region and Member of the National Assembly for Frontenac, officially opened today Le Diamant, a building that includes 45 new affordable housing units for semi-independent seniors, to which the governments of Canada and Quebec jointly contributed nearly $2.6 million. The development of this great regional initiative resulted from a total investment of over $5.4 million.

In addition to the Government of Canada, through Canada's Economic Action Plan, and the Government of Quebec, under the AccèsLogis program of the Société d'habitation du Québec (SHQ), community partners contributed more than $890,000, including $820,000 from the City of Thetford Mines.

"Our government is committed to giving a hand-up to the people of Quebec who need some help during these tough economic times," said Minister Paradis. "Through projects like this one, Year 2 of Canada's Economic Action Plan will continue to create jobs and stimulate the economy in communities across in Quebec."

"A major step in the revitalization of downtown Thetford Mines, the official opening of Le Diamant is excellent news and demonstrates the attention that our government is giving to the seniors of Quebec. Thanks to the combined efforts of the different partners that contributed to this mobilizing project, 45 households can now benefit from safe, quality housing that meets their needs, at an affordable cost," said Minister Lessard, in the presence of Luc Berthold, Mayor of Thetford Mines, Gilles Rémillard, President of the Office municipal d'habitation de Thetford Mines, and community partners.

It should be noted that 23 tenants of Le Diamant can benefit from the Rent Supplement program, which provides financial assistance to low-income individuals who would otherwise have to spend more than 25 per cent of their income on housing. The rent supplements provided will represent, over a five-year period, a total of over $350,000 in additional financial assistance, including more than $315,000 from the SHQ and over $35,000 from the City of Thetford Mines.

Canada's Economic Action Plan provides $400 million, over two years, to build new rental housing for low-income seniors. Overall, Canada's Economic Action Plan includes $2 billion for new and existing social housing. These investments build upon the $1.9 billion five-year commitment for housing and homelessness programs made by the Government of Canada in 2008, which extended the Affordable Housing Initiative and the renovation assistance programs for low-income households for two more years. For Quebec, these combined contributions mean a joint investment of more than $820 million, which includes $538 million for Canada's Economic Action Plan.

In addition, Canada's Economic Action Plan provides for up to $2 billion in funds to municipalities for housing-related infrastructure.

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.

Since 2003, more than 1,000 community housing units have been, or are being, developed in the Chaudière-Appalaches region, including 110 in the riding of Frontenac, representing total investments of over $98 million by the Government of Quebec.

The SHQ's mission is to facilitate citizens' access to appropriate housing conditions. For more information on this agency's programs and services, visit www.habitation.gouv.qc.ca/en/index.html.

Contact Information

  • Office of the Minister of Municipal Affairs,
    Regions and Land Occupancy
    Sylvain Bourassa
    Press Secretary
    418-691-2050
    514-873-2622
    or
    Societe d'habitation du Quebec
    Francois Simard
    Communications
    418-643-4035, ext. 1341
    francois.simard@shq.gouv.qc.ca
    or
    Office of Minister Finley
    Michelle Bakos
    Press Secretary
    819-994-2482
    or
    CMHC Quebec Business Centre
    Julie Cohen
    Communications and Marketing
    514-283-3679