In an update released today, Housing, Infrastructure and Communities Canada says more than $2.36 billion was invested in housing across the province. That funding supported the construction and renewal of 8,867 homes, aimed at easing housing pressures and helping communities grow.
While many projects are in larger urban centres, the North is included through long-term infrastructure investments. The Canada Infrastructure Bank says it has loaned about $2.7 billion in British Columbia to support clean power, transit, transportation, and Indigenous infrastructure. That includes a $139.5 million loan for the early phase of the North Coast Transmission Line, a project expected to strengthen electricity capacity in northwest B.C.
Federal officials say investments in infrastructure help improve quality of life, create jobs, and support economic growth, while also making communities more resilient.
“The Government of Canada is making generational investments that will build our economy and make our communities stronger,” said Housing and Infrastructure Minister Gregor Robertson.
The federal government says more funding will continue through new programs like Build Canada Homes and the Building Communities Strong Fund. Information on funded projects is available through the federal housing and infrastructure project map.
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