Mr. Chair, I am thankful for this opportunity to share some remarks and thankful to my colleague for giving me the space to do that.
I am very pleased to be here and to have the opportunity to discuss the 2025-26 main estimates for the Department of Housing, Infrastructure and Communities, and how these investments are supporting Canadians across the country.
Housing and public infrastructure have always been and will continue to be key drivers of Canada's success as a nation. They play a vital role in building strong communities and supporting economic competitiveness, both at home and abroad. Our government is committed to unleashing our success as a nation through investment in affordable housing and nationwide infrastructure. Communities are the foundation of our country. When we look around our neighbourhoods, there are homes, apartments and different sorts of housing, and they include a complex network of transit systems, active transportation, roads, water and waste-water infrastructure, cultural facilities and so much more.
Our government helps build our communities and the critical infrastructure that goes with them, and I am honoured to be the minister partnering with governments at all levels to ensure that this important work gets done. Our work reaches into every community and touches every Canadian. It enables our businesses to thrive locally and globally, makes life more affordable for Canadians and helps protect our environment. Canadians know that members on this side of the House will always support infrastructure, affordable housing and building up our great nation. This is something that everyone in this House should be able to get behind.
Housing, Infrastructure and Communities Canada investments support affordable housing, modern climate-resilient infrastructure, better public transit, effective and reliable water and waste-water facilities and important community spaces. Reinvesting in our country and our economy in the face of an uncertain world means investing in Canadians. I think of how our programs have prevented almost 150,000 people from becoming unhoused in recent years. We will not stop here. Every person should have a safe and secure home.
In the 2025-26 main estimates, the department is seeking just over $16 billion in total portfolio authorities for investments in housing; public transit; and northern, green and sustainable rural and major infrastructure projects across the country. This is to deliver on a suite of priorities. New investments announced in budget 2024 include the Canada housing infrastructure fund; funding through programs like Reaching Home, Canada's homelessness strategy; the green and inclusive community buildings program; the investing in Canada infrastructure program; and funding for Canada Mortgage and Housing Corporation programs, notably for the affordable housing fund, the urban, rural and northern indigenous housing strategy and the housing accelerator fund.
Today, I am here to talk about how important it is that the department has the sufficient funding to fulfill its priorities and has the spending authority to cover the period until the main estimates receive royal assent. Given the dissolution of Parliament on March 23, the Governor General's special warrants of just over $2.75 million have been issued to cover the period from April 1 to June 29 to ensure that Canadians will continue to have access to the programs that support their communities.
The department remains committed to delivering an unprecedented level of programming to support housing and infrastructure needs across the country, including by investing in essential programs such as the Canada community-building fund. This is a transfer-based program that provides stable, upfront funding to provinces and territories. In turn, they flow this funding to 3,700 communities for projects that meet local needs. In the coming year, the department will deliver $2.5 billion in Canada community-building fund funding.
We will continue to implement programming to improve housing affordability and take action to reduce and prevent homelessness, including through measures such as the unsheltered homelessness and encampments initiative. Also, this year, we are investing $1.1 billion in the housing accelerator fund. The fund is creating better housing outcomes for Canadians by incentivizing municipalities to cut red tape and increase housing densification. The Government of Canada has already signed more than 200 agreements under the housing accelerator fund with local governments that have committed to increasing housing opportunities through zoning, streamlining, permitting and approvals. These actions are expected to support the construction of over 800,000 new homes over the next decade. Thanks to this fund, homes are being built across provinces, territories and indigenous communities.
We are also making significant investments in critical water and waste-water infrastructure to support the construction of new homes through the Canada housing infrastructure fund. This is critical to doubling the rate of homebuilding in Canada. Under the housing infrastructure fund, 10 agreements have now been signed with provinces and territories, totalling almost $370 million in federal contributions, and this is just the beginning. The housing infrastructure fund will ensure the reduction of development charges, as a member questioned earlier, which are typically used for local housing infrastructure.
Through initiatives like the Canada public transit fund, we continue to support efficient public transit, which is vital to building strong communities prepared to meet the economic and environmental realities of the future. This is about making sure that people are connected in their communities and have access to affordable transportation. In a very real way, it opens up opportunities for jobs and opportunities available to future generations and builds vibrant economic hubs. Going forward, the public transit fund will ramp up to an average of $3 billion a year in permanent funding. This funding will respond to local needs by ensuring housing and transportation are planned together, by improving access to public transit and by supporting the development of more affordable communities.
My department invests in structural and natural infrastructure projects that increase community resilience to natural disasters and extreme weather events. These investments are essential to protecting homes, businesses and critical infrastructure from natural disasters, which are, unfortunately, more and more frequent. In this moment, I think of all those impacted by the wildfires in the Prairies, and now in B.C. as well. I think of the impacts they will have and the impacts that natural disasters have increasingly had across Canada, whether they are floods, fires or heat waves. We have seen devastating impacts across Canada, and we need to build resilience into our communities going forward. Under the disaster mitigation and adaptation fund, we have already invested around $2.5 billion to strengthen the resilience of communities against the threat of natural disasters to keep Canadians safe and local economies strong.
Through these efforts, our government's programs are making tangible differences in the lives of Canadians. In the year ahead, my department will lead efforts to deliver on the most ambitious housing plan in Canadian history, a housing plan that includes infrastructure and transit and addresses the need for nation-building projects.
As outlined in the Speech from the Throne, our government is committed to addressing housing affordability and working at scale to drive supply up to bring housing costs down for Canadians. Our government will remove barriers to building homes through new measures such as reducing municipal development charges for multi-unit housing in communities across Canada.
I want to end by highlighting one of the most important actions we will take in the coming months. Our government will create a new federal entity, “build Canada homes”, which will provide financing to affordable home builders. It will also use public lands and leverage public-private partnerships to modernize a new housing industry to lead the way on housing construction innovation and building technologies that scale up the prefabricated, off-site construction and modular housing market.
The response to the challenges we face begins at home. We remain committed to building the housing and infrastructure that are the foundation of strong, affordable communities. Providing a healthy supply of homes supported by resilient public infrastructure is essential to securing our future and long-term economic prosperity. The main estimates presented here today will support the department in delivering on its commitments to Canadians and addressing the housing crisis head-on.
I look forward to questions.