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Gov’t Announces $600M for Tech-Accelerated Home Construction

In a bid to tackle the pressing housing challenges faced by Canadians, particularly Millennials and Gen Z, Prime Minister Justin Trudeau announced today a comprehensive $600 million package for tech accelerated home construction across the country.

The announcement, made alongside Deputy Prime Minister and Minister of Finance Chrystia Freeland and Minister of Housing, Infrastructure and Communities Sean Fraser, emphasizes a commitment to innovation and technology in the home construction sector.

Key components of the package include the establishment of a $50 million Homebuilding Technology and Innovation Fund, designed to support the adoption of innovative housing technologies and materials. This fund, led by Next Generation Manufacturing Canada, aims to leverage an additional $150 million from the private sector and other levels of government.

Furthermore, $50 million will be allocated to modernize and expedite home building through regional development agencies, with a focus on projects utilizing innovative construction methods such as modular housing, mass timber construction, robotics, 3D printing, and automation.

In a move to bolster rental housing, the government will provide $500 million in support, offering low-cost financing through the Apartment Construction Loan Program for new rental housing projects. This funding is intended to encourage the use of innovative construction techniques by housing manufacturers and builders.

To streamline the home construction process, the government plans to launch a modernized Housing Design Catalogue, offering standardized blueprints for efficient and cost-effective homes. This initiative, backed by an $11.6 million investment, aims to simplify and accelerate housing approvals and construction timelines.

In his statement, Prime Minister Trudeau emphasized the importance of transforming home construction in Canada, stating, “We’re changing the way we build homes in Canada… You should be able to live in the community you love, at a price you can afford.”

Deputy Prime Minister Chrystia Freeland echoed this sentiment, highlighting the potential for the new Housing Design Catalogue to expedite home construction, stating, “Our new Housing Design Catalogue will make it possible to build more homes faster.”

Minister Sean Fraser emphasized the need for Canada to build more homes and to do so differently, stating, “These investments will help us take the new technologies and building techniques that exist today and deploy them on a scale that Canada has never seen before.”

In addition to the $600 million package, Budget 2024 includes a $15 billion top-up to the Apartment Construction Loan Program, a $6 billion Canada Housing Infrastructure Fund, a $1.5 billion Canada Rental Protection Fund, and a $400 million top-up to the Housing Accelerator Fund.

The announcement has been met with mixed reactions, with some applauding the government’s efforts to address housing affordability, while others express skepticism about the effectiveness of the measures.

In conclusion, the government’s comprehensive package signals a proactive approach to addressing the housing crisis in Canada, with a focus on innovation, collaboration, and expedited construction timelines.


It’s encouraging to see the government taking concrete steps to address the housing challenges facing Canadians. The emphasis on innovation and technology in home construction is particularly promising, as it has the potential to not only accelerate the pace of home building but also make homeownership more accessible and affordable for Canadians across generations. However, it will be essential to ensure that these initiatives are implemented effectively and that the benefits reach those who need them most.

Alwin Marshall-Squire

Alwin Marshall-Squire is the Editor-in-Chief of GTA Today and serves as the Parliament Hill Reporter covering Prime Minister Justin Trudeau and his cabinet. With a commitment to accurate and timely news coverage, Marshall-Squire brings depth and insight to the forefront of Canadian journalism. For feedback, reach out at

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