Greater investment needed in municipal infrastructure to accommodate housing demand, says FCM

A local infrastructure investment of about $600-billion will be needed to handle construction of 5.8 million housing units by 2030, according to the Federation of Canadian Municipalities.

Finance Minister Chrystia Freeland released the fall economic statement in November, which included $15-billion in new funding for the construction of new rental homes.The Hill TImes photograph by Andrew Meade

News

BY JESSE CNOCKAERT

December 19, 2023

Greater investment in municipal infrastructure is desperately needed if Canada is to keep up with a demand for millions of new housing units by the end of this decade, according to an advocacy group representing municipalities that took the top spot in November for federal l...

To keep reading, subscribe and become a political insider.

Only $7.76 a week for an annual subscription.

Enjoy unlimited website access and the digital newspaper.

Cancel anytime.

Already a Subscriber?

Get Today’s Headlines Newsletter

Your quick scan of the news you need each weekday to be the smartest person in the room.

By entering your email address you consent to receive email from The Hill Times containing news, analysis, updates and offers. You may unsubscribe at any time. See our privacy policy