Thank you, Mr. Chair and committee members, for the opportunity to highlight the work we're doing at Build Canada Homes to address Canada's housing crisis.
The measures proposed in Bill C-15, the budget implementation act, will equip Build Canada Homes with the authorities we need to deliver housing at the scale and speed Canadians deserve.
I am pleased to be joined today by Janet Goulding, senior assistant deputy minister, and Jean Lamirande, Build Canada Homes' senior vice-president of policy and operations.
Across the country, housing supply isn't keeping pace with demand, putting sustained pressure on affordability and availability. Addressing this requires action at scale. As a new agency, Build Canada Homes is part of a broader set of federal measures to accelerate housing construction, restore affordability and reduce homelessness. These efforts recognize that increasing supply, particularly non-market and affordable housing, requires coordinated action with partners across governments and indigenous communities, as well as the private and non-profit building sectors.
Build Canada Homes is a lean, purpose-built agency that is leveraging public lands, deploying flexible financial tools and catalyzing modern methods of construction. In doing this, we are positioned to accelerate timelines, improve productivity in the sector and support a more innovative homebuilding sector.
Build Canada Homes will also be a key driver to Canada's buy Canadian policy. By prioritizing Canadian materials, the agency will drive demand for Canadian steel, lumber and aluminum while strengthening domestic supply chains and supporting local jobs.
The measures proposed in the budget implementation act will provide the legislative authority to operationalize Build Canada Homes and ensure that it has the resources needed to deliver results. Specifically, these measures will authorize payments of up to $11.5 billion out of the consolidated revenue fund to support our operations and activities. This funding will enable the agency to partner with provinces, territories, municipalities, non-profits, indigenous partners and builders to finance and accelerate housing projects.
The bill also authorizes just over $1.5 billion to capitalize Canada Lands Company Limited, allowing Build Canada Homes to unlock construction on its portfolio sites. We have already advanced six federal land projects toward construction and committed to getting shovels in the ground this year on thousands of affordable homes. Requests for qualifications have been issued for up to 4,000 homes on federal lands across these six sites.
In Ottawa, just outside the downtown core, we will build approximately 1,100 homes on Heron Road. We will deploy the same rapid-build approach in Dartmouth, Edmonton, Longueuil, Toronto and Winnipeg to get new homes built for Canadians as quickly as possible. This is just the beginning.
Since its launch in September 2025, Build Canada Homes has delivered measurable results. The agency has formed partnerships with provinces and municipalities, forging commitments to ensure that supportive and transitional housing is matched with the wraparound services residents need. That includes 30 supportive and transitional units announced in Nova Scotia and 54 in Toronto, with further negotiations under way to ensure critical services.
Build Canada Homes is also committed to building indigenous partnerships that further self-determination and contribute meaningfully to meeting the needs of indigenous communities. Through Build Canada Homes, the governments of Canada and Nunavut and Nunavut Tunngavik Incorporated have reached an agreement in principle to support the development of 750 units of non-market housing in Nunavut. These homes will be designed and delivered in collaboration with Inuit, for Inuit.
Bill C-15 will unlock the tools for Build Canada Homes to forge new partnerships, drive coordinated action and establish modern development models that can scale affordable housing like never before. This is how we will move from incremental progress to transformative results. By changing how Canada builds, Build Canada Homes is delivering exactly what Bill C-15 is meant to unlock: speed, scale and innovation.
Another meaningful indicator of our early momentum is the level of engagement we are seeing from across the country. Since releasing our investment policy framework and launching our national submission portal in November, we have seen strong interest nationwide. Proposals have come in from every province and territory. Many are under review and hundreds more are in progress, building a robust pipeline of projects ready to break ground in 2026.
In Ottawa, we're partnering with the city on a $400-million effort to deliver up to 3,000 new homes, with many starting constructions in 2026. In Nova Scotia, a $300-million partnership will unlock up to 1,430 homes across the province. More than half of these will be community, non-profit, supportive or transitional units. In building partnerships that prioritize non-market and non-profit housing, we are ensuring affordability in the long term.
Our goal is clear: to create a system that doesn't just build more homes, but that builds better and faster in partnership with people who make housing possible. Build Canada Homes is here to drive that change.
Thank you for inviting me.