Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation
Government of Alberta

Government of Alberta

March 27, 2015 12:07 ET

Joint Government Funding Increases Affordable Housing for Seniors in Pincher Creek

PINCHER CREEK, ALBERTA--(Marketwired - March 27, 2015) - Seniors will have access to modern, affordable housing options in Pincher Creek thanks to an investment of some $9.8 million by the Governments of Canada and Alberta. This joint funding will allow for the construction of a new, 50-unit facility that will replace the original Crestview Lodge, which was built in 1965.

John Barlow, Member of Parliament for Macleod, on behalf of the Honourable Candice Bergen, Minister of State (Social Development), along with the Honourable Jeff Johnson, Minister responsible for Seniors and Member of the Legislative Assembly for Athabasca-Sturgeon-Redwater, made the announcement today.

Quick facts:

  • The Crestview Lodge is located at 978 Hyde Street in Pincher Creek, Alberta.


  • The existing 47-unit lodge will be replaced with a new 50-unit lodge. It is anticipated the construction of the new facility will be completed in late 2017, with demolition of the existing facilities to follow.


  • The Government of Canada and the Government of Alberta are jointly contributing $9,800,000 under the Investments in Affordable Housing Agreement 2014-2019. This agreement represents some $202 million over five years to help more individuals and families in housing need.

  • Additional funding will be provided by the Pincher Creek Foundation.

Quotes:

"The Government of Canada is pleased to partner with all levels of government as well as Pincher Creek Foundation to provide quality, affordable housing through the development of this new lodge. This project will benefit Pincher Creek and area county residents by developing needed housing for seniors of this community."

- John Barlow, Member of Parliament for Macleod

"We know there is a direct connection between having safe, stable housing and a senior's overall well-being. Our commitment is to build quality accommodation options that meet a variety of needs. This investment helps ensure seniors can stay in their communities, close to family, friends and neighbours."

- Honourable Jeff Johnson, Minister of Seniors, MLA for Athabasca-Sturgeon-Redwater

Associated links:

  • Annually, the Government of Canada, through Canada Mortgage and Housing Corporation (CMHC), invests approximately $2 billion in housing. These investments improve the quality of life for low-income Canadians and households living in existing social housing, including individuals who are homeless or at risk of homelessness, seniors, persons with disabilities, recent immigrants and Aboriginal people. Economic Action Plan 2013 continued this commitment with a federal investment of more than $1.25 billion over five years to renew the Investment in Affordable Housing to 2019. The Government of Canada will ensure that funds provided to provinces and territories support the use of apprentices, which will support training of skilled labour.

  • In the last four years, the Alberta government has dedicated more than $220 million towards seniors' housing across the province. This includes $144.5 million in federal-provincial funding to renew and expand 14 lodges. Renovation projects and replacement units funded by the IAH in 2012-13 include government-owned lodges in Boyle, Camrose, Canmore, Drayton Valley, Forestburg and Milk River.

Stay connected:

- Follow CMHC on Twitter @CMHC_ca

- Follow Alberta Seniors on Twitter @YourAlberta

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