Madam Speaker, I will be sharing my time with the member for Brampton Centre.
As my colleague just said, nothing is more important than a home. Canada has one of the best housing systems in the world and it is getting even better. That is why I am so pleased to speak to this motion brought forward by my colleague for Saskatoon West. I live in the southern part of metro Vancouver and housing affordability is a big issue. As my colleague has just commented, a number of millennials are now finding it very difficult to stay living within that area. I know of two doctors, family doctors who are married who have just found it impossible to still live in the greater Vancouver area.
Many people are struggling to find housing that they can afford. This is an opportunity to talk about the investments that the government is making through CMHC to ensure that Canadians have access to housing that they can afford and that can meet their needs.
A home is more than just a roof over one's head. It is a place where Canadian families can thrive, where children learn and grow, where parents find the stability to succeed in the job market and where seniors can live in dignity. About 1.7 million Canadian households are in what is called “core housing need”. These people are living in homes that either cost more than 30% of their income or are unsuitable for their circumstances.
Safe, adequate and affordable housing underpins inclusive communities and economies that thrive. Community housing, or social housing, refers to government-subsidized housing that is funded under a range of federal programs developed over time to meet the needs of vulnerable populations. It has been at the heart of Canada's response to housing challenges since the 1940s when we created housing for veterans returning from the Second World War. It has since provided housing for a variety of low- to moderate-income Canadians, from immigrant families looking to start their lives in Canada to seniors aging in place in their communities. That is why for three consecutive budgets, the government has made significant investments in creating affordable housing. In the past two years, the federal government has invested more than $4.7 billion in funding and subsidies of affordable housing projects across Canada. As a result, some 945,000 families will have a home that meets their needs and that they can afford, like in Surrey where government support for community housing has meant that 144 families in the Totem Housing Co-Operative, the Common Ground Housing Co-Op and the La Casa Housing Co-operative have places to call home.
In 2017, support of community housing took a further step forward with the country's first national housing strategy. This ambitious 10-year, $40-billion plan will ensure more Canadians. from the smallest, most remote communities to large urban centres, have a stable, affordable place to call home.
The national housing strategy explicitly recognizes the vital role of community housing. One of the first initiatives launched as part of the strategy was the new federal community housing initiative, administered by the Canada Mortgage and Housing Corporation. This program is a 10-year, $500-million commitment that will ensure 55,000 community housing units across the country continue to be subsidized. Phase 1 of this initiative will deal first with operating agreements that are expiring imminently. It will fund them so that they can continue to offer affordable housing to their tenants. Then, in 2020, Phase 2 of the initiative will start to put in place new operating agreements for all providers as they expire over the coming decade. The federal community housing initiative gives housing providers much needed stability and predictability to continue to offer affordable units and carry out long-term maintenance and capital repair plans.
People will also be able to access a new technical resource centre and a sector transformation fund to help smooth the transition to new operating agreements. Of course, federally administered community housing is just one part of Canada's community housing landscape. Roughly 80% of community housing is administered through the provinces and territories. That is why this important housing sector is a central part of the housing partnership framework signed with our provincial and territorial partners. Through a new Canada community housing initiative, we will be investing $4.3 billion to be cost-matched by the provinces and territories. This will ensure that 330,000 homes across the country will continue to be affordable for Canadians.
We are committed to community housing and its role in creating inclusive, sustainable, productive and vibrant communities. The national housing strategy is the most ambitious demonstration of support for housing in almost 50 years. It will ensure Canadians have access to housing that meets their needs and that they can afford.
In South Surrey—White Rock, we know that many people are struggling to find housing they can afford. We are fortunate to have organizations and people bringing together the public, private and non-profit sectors to address this need. They are focusing on the most vulnerable Canadians: seniors, women and children fleeing family violence, children with disabilities, those dealing with mental health and addiction issues, veterans and young adults. There are non-profit organizations, like Semiahmoo House, which has developed an inclusive, open and low-cost housing facility entitled Chorus. This 71-unit project caters to the income of the person or family, and it is inclusive. Inclusive means for people with disabilities, seniors and those living in poverty. It has created a better sense of community.
Semiahmoo House is pleased that we have a national housing strategy. Its CEO, Doug Tennant, said that they very much agree and support the idea of housing rights as human rights. They are glad government is taking this seriously and consulting broadly to implement this strategy.
This is a wonderful initiative, and I heartily support the motion.