Communications
Quotes
Build Canada Homes is expected to add only a modest amount to the housing supply. We estimate about 26,000 units will be created over five years, a 2.1% increase in housing completions relative to our baseline projection.
This new agency can fund about 13,000 new units for low-income households. But this comes as overall spending falls and support shifts away from programs like the Canada Housing Benefit and funding for existing social housing.
Jason
Jacques
Interim Parliamentary Budget Officer
News Release
{"id":91,"created_at":"2025-12-02T08:18:04-05:00","updated_at":"2025-12-02T09:02:47-05:00","slug":"build-canada-homes-forecast-to-build-26000-units-pbo-maisons-canada-prevoit-de-construire-26-000-unites-selon-le-dpb","title_en":"Build Canada Homes forecast to build 26,000 units: PBO","title_fr":"Maisons Canada pr\u00e9voit de construire 26 000 unit\u00e9s selon le DPB","body_en":"The Parliamentary Budget Officer (PBO) has released an analysis of federal housing spending and the launch of Build Canada Homes, a new agency focused on creating housing.\n\nFrom 2025\u201326 to 2029\u201330, Build Canada Homes plans to spend $7.3 billion, with $6.7 billion in new funding. Including loans and asset development, total planned disbursements will reach $13 billion, of which $11.6 billion is new money.\n\n\u201cBuild Canada Homes is expected to add only a modest amount to the housing supply,\u201d said Jason Jacques, Interim PBO. \u201cWe estimate about 26,000 units will be created over five years, a 2.1% increase in housing completions relative to our baseline projection.\u201d\n\nPlanned spending by Build Canada Homes includes:\n\u2022\t$625 million to help community housing providers buy rental apartments\n\u2022\t$1 billion in contributions for transitional and supportive housing\n\u2022\t$5.4 billion in grants, contributions, and loan concessions for affordable housing \n\n\u201cThis new agency can fund about 13,000 new units for low-income households,\u201d added Jacques. \u201cBut this comes as overall spending falls and support shifts away from programs like the Canada Housing Benefit and funding for existing social housing.\u201d\n\nThe PBO\u2019s report also finds that planned federal spending on housing programs is forecast to fall by 56%, from $9.8 billion in 2025\u201326 to $4.3 billion in 2028\u201329, despite new funding for Build Canada Homes. This drop comes from programs ending and cuts announced in Budget 2025. \n\nThe federal government says it wants to double housing construction over the next decade. However, no detailed plan to reach that goal has been released.","body_fr":"Le directeur parlementaire du budget (DPB) a publi\u00e9 une analyse portant sur les d\u00e9penses f\u00e9d\u00e9rales consacr\u00e9es au logement et sur le lancement de la nouvelle agence charg\u00e9e de cr\u00e9er des logements, Maisons Canada.\n\nDe 2025-2026 \u00e0 2029-2030, Maisons Canada pr\u00e9voit d\u00e9penser 7,3 milliards de dollars, dont 6,7 milliards en nouvelles d\u00e9penses. Si on inclut les pr\u00eats et le d\u00e9veloppement des actifs, les d\u00e9bours totaux devraient atteindre 13 milliards de dollars, dont 11,6 milliards de nouveaux d\u00e9caissements.\n\n\u00ab Maisons Canada devrait n\u2019ajouter qu\u2019une contribution modeste \u00e0 l\u2019offre de logements. \u00bb, a d\u00e9clar\u00e9 Jason Jacques, DPB par int\u00e9rim. \u00ab Nous estimons qu\u2019environ 26 000 unit\u00e9s seront construites sur une p\u00e9riode de cinq ans, ce qui repr\u00e9sente une hausse de 2,1 % des ach\u00e8vements de logements par rapport \u00e0 notre projection de r\u00e9f\u00e9rence. \u00bb\n\nLes d\u00e9penses pr\u00e9vues de Maisons Canada comprennent :\n\u2022\t625 millions de dollars pour aider les fournisseurs de logements communautaires \u00e0 acqu\u00e9rir des appartements locatifs\n\u2022\t1 milliard de dollars en contributions pour des logements de transition et des logements avec services de soutien\n\u2022\t5,4 milliards de dollars en subventions, contributions et concessions de pr\u00eats pour l\u2019offre de logements abordables. \n\n\u00ab Cette nouvelle agence peut financer la construction d\u2019environ 13 000 nouveaux logements pour les m\u00e9nages \u00e0 faible revenu \u00bb a ajout\u00e9 M. Jacques. \u00ab Cela survient alors que les d\u00e9penses globales diminuent et que le soutien se d\u00e9tourne de programmes comme l\u2019Allocation canadienne pour le logement et du financement des logements sociaux existants. \u00bb\n\nSelon le rapport du DPB, les d\u00e9penses f\u00e9d\u00e9rales consacr\u00e9es aux programmes de logements baisseront de 56 %, passant de 9,8 milliards de dollars en 2025-2026 \u00e0 4,3 milliards de dollars en 2028-2029, malgr\u00e9 le financement nouvellement accord\u00e9 \u00e0 Maisons Canada. Cette baisse est attribuable au fait que certains programmes viendront \u00e0 \u00e9ch\u00e9ance et aux compressions annonc\u00e9es dans le budget de 2025. \n\nLe gouvernement f\u00e9d\u00e9ral affirme vouloir doubler la construction de logements au cours de 10 prochaines ann\u00e9es, mais il n\u2019a rien dit des moyens qu\u2019il entend prendre pour y parvenir.","release_date":"2025-12-02T09:00:00-05:00","is_published":"2025-12-02T08:57:10-05:00","appears_on_feed":false,"internal_id":"COM-2526-091","permalinks":{"en":{"website":"https:\/\/www.pbo-dpb.ca\/en\/blog\/news-releases--communiques-de-presse\/build-canada-homes-forecast-to-build-26000-units-pbo-maisons-canada-prevoit-de-construire-26-000-unites-selon-le-dpb"},"fr":{"website":"https:\/\/www.pbo-dpb.ca\/fr\/blog\/news-releases--communiques-de-presse\/build-canada-homes-forecast-to-build-26000-units-pbo-maisons-canada-prevoit-de-construire-26-000-unites-selon-le-dpb"}},"pivot":{"publication_id":875,"news_release_id":91}}