The National Housing Strategy is the first of its kind in Canada, which was established to help reduce homelessness and increase the availability and the quality of affordable housing.

According to Canada Mortgage and Housing Corp. (CMHC), 1.7 million Canadians are in need of core housing.

National Housing Strategy: Overview & Goals

“Everyone deserves a safe and affordable place to call ‘home,’” Prime Minister Justin Trudeau said in a statement. “Canada’s first ever National Housing Strategy is a once-in-a-generation vision to reduce homelessness, support community housing and shelter spaces, and address challenges of housing affordability.”

We took a major step forward on housing today, and we will continue to deliver initiatives that strengthen the middle class and lift more Canadians out of poverty. –The Right Honourable Prime Minister Justin Trudeau

The strategy was developed by the Government of Canada through consultations with Canadians who have encountered obstacles with respect to quality affordable housing, experts, stakeholders, as well as provincial, territorial and municipal governments.

“Our Government is establishing a federal leadership role in housing,” said Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister Responsible for CMHC. “The National Housing Strategy will create a new generation of housing in Canada. It will promote diverse communities and will build housing that is sustainable, accessible, mixed-income and mixed-use that will be located near transit, work and public services.”

Part of the National Housing Strategy includes the $4-billion Canada Housing Benefit, which will be funded jointly by the federal, provincial, and territorial governments. Launching in 2020, the Canada Housing Benefit will put funds support into the hands of Canadians living in social housing, those on a wait-list and those living in private residences but struggling financially. The Canada Housing Benefit will deliver an average of $2,500 per year to approximately 300,000 households across Canada.

For more information, visit CMHC.

More to Explore

Calgary real estate

5 Things That Will Affect Calgary Real Estate in the Next 10 Years

September 30, 2025

Best places to live Toronto

Liveability is a Top Selling Feature When Listing Your Home

September 26, 2025

Family moving in and talking about How Much to Budget for Moving Costs

How Much to Budget for Moving Costs

September 25, 2025

Exploring your neighbourhood

Fall Homebuying and Exploring Your Neighbourhood with Man’s Best Friend

September 23, 2025

A couple talking about How Long Does Mortgage Approval Take After Pre-Approval

How Long Does Mortgage Approval Take After Pre-Approval?

September 22, 2025

Selling your Home this Fall

6 Tips for Selling your Home this Fall

September 22, 2025

Design Trends for Fall 2025

Design Trends for Fall 2025

September 19, 2025

Two women in the garden talking about What Is Homesteading in Canada All About

What Is Homesteading in Canada All About?

September 18, 2025

Will the Bank of Canada Cut Interest Rates This Year

Interest Rate Announcement: Bank of Canada Lowers Rate After Six-Month Hold

September 17, 2025

Find the
Right Agent

Sign up
For Our Newsletter

This field is for validation purposes and should be left unchanged.
This field is hidden when viewing the form

Next Steps: Sync an Email Add-On

To get the most out of your form, we suggest that you sync this form with an email add-on. To learn more about your email add-on options, visit the following page (https://www.gravityforms.com/the-8-best-email-plugins-for-wordpress-in-2020/). Important: Delete this tip before you publish the form.
Untitled(Required)

*RE/MAX, LLC, 5075 S. Syracuse St., Denver CO, 80237; RE/MAX Western Canada and RE/MAX Ontario-Atlantic, 639 Queen Street West, Toronto, ON M5V 2B7, 905-542-2400