Municipalities Say $600 Billion in Infrastructure Needed to Build 5.8 Million Homes

Municipalities Say $600 Billion in Infrastructure Needed to Build 5.8 Million Homes
New homes are constructed in Ottawa on Aug. 14, 2023. The Canadian Press/Sean Kilpatrick
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The Federation of Canadian Municipalities says new research it commissioned finds municipalities would need $600 billion in infrastructure funding to help build 5.8 million homes by 2030.

That’s the number of homes the Canadian Mortgage and Housing Corp. says Canada needs to build to restore affordability.