#Budget2017 - Share your reactions
Yesterday, the Government of Canada announced its 2017 federal budget, allocating $11.2 billion over 11 years for the implementation of an inclusive National Housing Strategy. This announcement comes after almost 30 years of federal disinvestment in affordable housing, which has contributed to our current housing and homelessness crisis.
The NHS investment includes:
- $2.1 billion/11 years to expand and extend the Homelessness Partnering Strategy.
- $5 billion/11 years to develop a new National Housing Fund to address critical housing issues and prioritize vulnerable citizens such as seniors, Indigenous Peoples, survivors fleeing domestic violence, persons with disabilities, those dealing with mental health and addiction issues, and veterans (unfortunately no mention of youth).
- $3.2 billion/11 years devoted to a renewed multilateral investment framework devoted to building new affordable housing and renovating and repairing existing units.
- $525 million/11 years combined to target support for northern housing and for Indigenous Peoples not living on-reserve
You can read the complete budget at Budget 2017: Building a Strong Middle Class.
What were your reactions aswas announced? What might this mean for the future of homelessness and housing in Canada?
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- Erin Dej
- March 23, 2017
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