Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation

June 09, 2010 14:00 ET

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

MAPLE RIDGE, BRITISH COLUMBIA--(Marketwire - June 9, 2010) -  The Government of Canada announced today an investment of more than $1.1 million as part of the year one funding through Canada's Economic Action Plan to improve housing conditions for eight First Nation communities in Greater Vancouver. 

Randy Kamp, Member of Parliament for Pitt Meadows- Maple Ridge-Mission, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), made the announcement today.

"Our Government's Economic Action Plan is creating jobs, stimulating the local economy and improving housing conditions for First Nation communities in British Columbia," said MP Kamp.

Through Canada's Economic Action Plan, the Government of Canada has committed $400 million over two years to help First Nation communities build needed new housing, repair and remediate existing non-profit housing for their members, and complement housing programs offered by CMHC. This investment will also provide an economic stimulus for many First Nations and surrounding areas by creating jobs.

Through Canada's Economic Action Plan, some $50 million in federal investments will be made available to First Nations in British Columbia to address immediate housing needs.

Specifically, CMHC allocated more than $11.1 million to renovate and retrofit housing units on reserve in British Columbia. Of this funding, eight First Nation communities in Greater Vancouver will receive more than $1.1 million to improve the quality of 83 units.

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 attached.

INVESTMENT TO IMPROVE ON-RESERVE SOCIAL HOUSING

The Government of Canada is committed to supporting First Nations through targeted investments to build and renovate housing. Today's announcement is the latest in a series of commitments by the federal government to improve housing conditions in First Nations communities. 

This commitment is in addition to the federal government's annual investment, through Canada Mortgage Housing Corporation (CMHC) and Indian and Northern Affairs Canada (INAC), of approximately $277 million for on-reserve housing needs, and INAC's investment of approximately $118 million annually for First Nations on-reserve in the form of shelter allowance payments under the Income Assistance Program.

Under Canada's Economic Action Plan, the Government of Canada has provided $400 million over the next two years to support on-reserve housing. Of the $400 million committed, $250 million will be delivered through CMHC over two years for the creation of new on-reserve housing ($125 million) and the repair and renovation of existing federally-assisted on-reserve social housing ($125 million). The remaining $150 million will be delivered by Indian and Northern Affairs Canada (INAC) for lot servicing, renovations, new construction of high-density multi-unit dwellings, and renovations to support the conversion of band-owned housing to private ownership.

In 2007, the Government invested $300 million in the First Nations Market Housing Fund, which encourages market-based housing on-reserve.

INVESTMESTS TO IMPROVE ON-RESERVE SOCIAL HOUSING

Funding Breakdown
Greater Vancouver First Nation Communities

Douglas

Total CEAP Retrofit Funding: $13,730

Units: 6

Katzie

Total CEAP Retrofit Funding: $30,000

Units: 2

Leqamel

Total CEAP Retrofit Funding: $183,431

Units: 12

Seabird

Total CEAP Retrofit Funding: $188,263

Units: 16

Scowlitz

Total CEAP Retrofit Funding: $105,242

Units: 7

Shxwhay

Total CEAP Retrofit Funding: $241,400

Units: 17

Squiala

Total CEAP Retrofit Funding: $150,600

Units: 10

Tzeachten

Total CEAP Retrofit Funding: $286,131

Units: 13

Contact Information

  • CMHC, B.C. Region
    Stefan Krepiakevich
    604-737-4106
    or
    CMHC
    Charles Sauriol
    Media Relations
    613-748-2799
    www.cmhc.ca
    or
    Office of Minister Finley
    Michelle Bakos
    Press Secretary
    819-994-2482