Latest news with #federaldevelopment
Globe and Mail
5 days ago
- Business
- Globe and Mail
Ottawa launches consultation with development industry on design for Build Canada Homes
Ottawa is asking the development industry for input on how to design its new housing entity, Build Canada Homes. Prime Minister Mark Carney first introduced BCH during the election campaign with a promise to double the country's homebuilding and get the federal government back in the business of building properties. But very little has been revealed about how BCH will operate, including whether it will actually become a federal developer and construct homes. In a six-page document made public on its website Monday, the Housing Ministry says BCH could act as a developer in varying capacities. That includes potentially working with contractors, operators, investors and other developers to build housing, develop land, procure materials, share risks and provide expertise, according to the document posted on the Housing, Infrastructure and Communities Canada website. The document outlines options for BCH, such as contracting builders to construct housing and leasing it to affordable-housing providers, as well as acting as a facilitator to bring together land and financing to help get a project off the ground. The document does not say whether BCH would takeover some of the functions of federal housing agency Canada Mortgage and Housing Corp. – which was part of the plan outlined in the Carney campaign's housing pledge. In terms of financing, the document said one of BCH's objectives would be ensuring that there are low-interest loans and contributions for the development of affordable-housing projects. Another initial objective would be ensuring long-term commitments and financial partnerships that would allow the affordable-housing sector to 'plan and scale with confidence,' the document said.
Free Malaysia Today
22-06-2025
- Politics
- Free Malaysia Today
Let state govts implement federal projects, Putrajaya told
Onn Hafiz Ghazi urged the federal government to use Johor 'as a pilot project' in carrying out federal development plans. (Bernama pic) PETALING JAYA : Johor menteri besar Onn Hafiz Ghazi has called on the federal government to entrust state governments with implementing federal development projects meant for the people. Onn Hafiz said 222 projects supposed to be implemented in Johor between 2016 and 2024 have got off the ground. He suggested that the federal government empower state governments to carry out the projects, starting with Johor 'as a pilot project'. He said some of the stalled projects included hospitals, health clinics, roads and mosques, for which the total cost amounted to RM10 billion, Berita Harian reported. 'And when we enquire about it in meetings, they tell us, 'don't worry, we will check with the relevant ministries and approve'. These are projects that are meant for the 'rakyat', but till today, work has not started on any of them,' he was quoted as saying. He said it was time for the federal government to entrust the state governments with the task of implementing these projects. Onn Hafiz, who is Johor Umno chief, said his party would bear the brunt when these projects are not realised.
