Certainly—especially if Build Canada Homes focuses on scaling up the right partners focused on those outcomes.
Another thing that Build Canada Homes will really need to grapple with is the fact that non-market housing providers sometimes struggle with the security and guarantee requirements to access financing. The legislation does enable the deployment of guarantees, subject to the approval of the finance minister. Build Canada Homes will need to be very thoughtful about how to deploy them, because the fee load associated with guarantees is often very prohibitive for non-market housing developers, because they lack the balance sheet and liquidity to pay substantial fees.
