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	<title>Canadian Funding Corp. Reviews CMHC Statistics&#187; CMHC</title>
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	<description>CMHC&#039;s Statistics Reports by Canadian Funding Corp.</description>
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		<title>Canada’s Economic Action Plan Creates Jobs and Improves Housing On Reserve in Manitoba</title>
		<link>http://canadian-funding-corp-cmhc-statistics.com/2010/06/canada%e2%80%99s-economic-action-plan-creates-jobs-and-improves-housing-on-reserve-in-manitoba/</link>
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		<pubDate>Wed, 23 Jun 2010 19:19:37 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[CMHC]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[canadian funding corp]]></category>
		<category><![CDATA[diane finley]]></category>

		<guid isPermaLink="false">http://canadian-funding-corp-cmhc-statistics.com/?p=233</guid>
		<description><![CDATA[Moishe Alexander on Ebb and Flow &#8211; The Government of Canada announced today an investment of more than $7.6 million as part of the year one funding through Canada’s Economic Action Plan to improve housing conditions in 12 First Nations communities in Manitoba. Moishe Alexander points to Inky Mark, Member of Parliament for Dauphin – [...]]]></description>
			<content:encoded><![CDATA[<p><em>Moishe Alexander on Ebb and Flow</em> &#8211; The Government of Canada announced today an investment of more than $7.6 million as part of the year one funding through Canada’s Economic Action Plan to improve housing conditions in 12 First Nations communities in Manitoba.</p>
<p>Moishe Alexander points to Inky Mark, Member of Parliament for Dauphin – Swan River – Marquette, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), made the announcement along with members of the Ebb and Flow First Nation community.</p>
<h3>Moishe Alexander &#8211; Manitoba and First Nations Reserve</h3>
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<p>“Our Government’s Economic Action Plan is creating jobs, stimulating the local economy and improving housing conditions for First Nation communities in Manitoba,” said MP Mark.</p>
<p>Inky Mark, Member of Parliament for Dauphin-Swan River-Marquette announces $3.5 million investment to retrofit 157 existing housing units in 12 First Nation Communities in Manitoba, as well as $4.1 million for subsidy associated with 19 new housing units to be constructed in three First nation Communities. L to R: Councillor Darrell Mousseau, MP Mark, Councillor Brenda Baptiste, and Murray Marchenski.</p>
<p>Through Canada’s Economic Action Plan, the Government of Canada has committed $400 million over two years to help First Nation communities build needed new housing, repair and remediate existing non-profit housing for their members, and complement housing programs offered by CMHC.  This investment will also provide an economic stimulus for many First Nations and surrounding areas by creating jobs.</p>
<p>Through Canada’s Economic Action Plan, some $75 million in federal investments will be made available to First Nations in Manitoba to address immediate housing needs.</p>
<p>CMHC allocated more than $3.5 million to retrofit 157 existing housing units on-reserve in 12 First Nations communities in Manitoba, as well as $4.1 million for subsidy associated with 19 new housing units to be constructed in three First Nations communities. </p>
<p>“On behalf of the membership of Ebb and Flow First Nation, the Chief and Council would like to give thanks to CMHC (CEAP) program for giving the opportunity to renovate and build more houses for our community”, said Chief Ralph Beaulieu.  “The program enabled us to create jobs and gave our people a better, healthy and social setting.”</p>
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		<title>Moishe Alexander Praises Affordable Housing in Saint-Placide</title>
		<link>http://canadian-funding-corp-cmhc-statistics.com/2010/06/moishe-alexander-praises-affordable-housing-in-saint-placide/</link>
		<comments>http://canadian-funding-corp-cmhc-statistics.com/2010/06/moishe-alexander-praises-affordable-housing-in-saint-placide/#comments</comments>
		<pubDate>Wed, 23 Jun 2010 19:13:02 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[CMHC]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[Housing Market]]></category>
		<category><![CDATA[canadian funding corp]]></category>

		<guid isPermaLink="false">http://canadian-funding-corp-cmhc-statistics.com/?p=230</guid>
		<description><![CDATA[Moishe Alexander posts &#8211; The Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation, and Michelle Courchesne, Minister of Education, Recreation and Sports and Minister responsible for the Laurentides region, on behalf of Laurent Lessard, Minister of Municipal Affairs, Regions and Land Occupancy, are pleased [...]]]></description>
			<content:encoded><![CDATA[<p><em>Moishe Alexander posts</em> &#8211; The Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation, and Michelle Courchesne, Minister of Education, Recreation and Sports and Minister responsible for the Laurentides region, on behalf of Laurent Lessard, Minister of Municipal Affairs, Regions and Land Occupancy, are pleased to mark the official opening of La Placidienne, a 20-unit housing project for seniors, to which the governments of Canada and Quebec jointly contributed more than $1 million. The development of this great regional initiative resulted from a total investment of over $2.2 million.</p>
<p>In addition to the Government of Canada, through Canada’s Economic Action Plan, and the Government of Quebec, under the AccèsLogis Québec program of the Société d’habitation du Québec (SHQ), community partners contributed more than $435,000, including $320,000 from the Municipality of Saint-Placide.</p>
<p>“Our government is committed to giving a hand-up to the people of Quebec who need some help during these tough economic times,” said Minister Finley. “Through projects like this one, Year 2 of Canada’s Economic Action Plan will continue to create jobs, stimulate communities in all corners of the country and support Canadian workers and families.”</p>
<p>“The development of La Placidienne is excellent news and demonstrates the attention that our government is giving to the seniors of Quebec. Thanks to the combined efforts of the different partners that contributed to this mobilizing project, 20 households can now benefit from safe, quality housing that meets their needs, at an affordable cost,” said Minister Courchesne.</p>
<p>Moishe Alexander notes that 10 tenants of La Placidienne can benefit from the Rent Supplement program, which provides financial assistance to low-income individuals who would otherwise have to spend more than 25 per cent of their income on housing. The rent supplements provided will represent, over a five-year period, over $152,000 in additional financial assistance, including more than $137,000 from the SHQ and some $15,000 from the Municipality of Saint-Placide.</p>
<h3>Saint-Placide and the CMHC &#8211; Moishe Alexander &#8220;lovely&#8221;</h3>
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<p>As well, the Agence de l’efficacité énergétique du Québec has committed to supporting the project with a grant of over $43,000 to ensure that the building meets the Novoclimat standard. The SHQ is giving particular attention to energy efficiency. In fact, starting in June, all projects developed under the AccèsLogis Québec program will have to be designed so as to obtain the Novoclimat certification.</p>
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		<title>Canada’s Economic Action Plan Creates Jobs and Improves Social Housing in Ontario</title>
		<link>http://canadian-funding-corp-cmhc-statistics.com/2010/03/canada%e2%80%99s-economic-action-plan-creates-jobs-and-improves-social-housing-in-ontario-2/</link>
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		<pubDate>Mon, 15 Mar 2010 15:04:17 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[CMHC]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[canadian funding corp]]></category>
		<category><![CDATA[economic action]]></category>
		<category><![CDATA[jobs]]></category>
		<category><![CDATA[social housing]]></category>

		<guid isPermaLink="false">http://canadian-funding-corp-cmhc-statistics.com/?p=211</guid>
		<description><![CDATA[Posted by Moishe Alexander The Government of Canada announced today that one housing co-operative located in Owen Sound will receive more than $384,000 through Canada’s Economic Action Plan, as part of the social housing renovation and retrofit investments. The announcement was made at the Ainslie Wood Housing Co-operative by Larry Miller, Member of Parliament for Bruce [...]]]></description>
			<content:encoded><![CDATA[<p>Posted by Moishe Alexander</p>
<p>The Government of Canada announced today that one housing co-operative located in Owen Sound will receive more than $384,000 through Canada’s Economic Action Plan, as part of the social housing renovation and retrofit investments.</p>
<p>The announcement was made at the Ainslie Wood Housing Co-operative by Larry Miller, Member of Parliament for Bruce – Grey – Owen Sound, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC).</p>
<p>“Through Canada’s Economic Action Plan, our government is taking action to help ensure our economic recovery and create the conditions for long-term growth,” said MP Miller. “Funding renovation and retrofit projects, like this one, will not only improve the quality of life of its residents by keeping their homes safe and affordable, but it will also help stimulate the local economy and create jobs.”</p>
<p>The Government of Canada, through Canada’s Economic Action Plan, announced $1 billion for social housing renovation and retrofit. Of the $1 billion, $850 million is being delivered by provinces and territories on a cost-matched basis for existing federally assisted social housing projects which they administer on behalf of the partnership. The remaining $150 million is being delivered by CMHC for existing federally assisted off-reserve housing which it directly administers. Eligible repairs include general improvements, energy efficiency upgrades or conversions, and modifications in support of persons with disabilities.</p>
<p>The housing co-operative that will receive a contribution from the Government of Canada being announced today is Ainslie Wood Housing Co-operative.</p>
<p>“We congratulate and thank the federal government, Mr. Miller and CMHC for making a sound investment to help ensure that this affordable community is preserved as a legacy for the long-term benefit of its residents,” said Ken Elliott, President of the Co-operative Housing Federation of Canada. “Today’s announcement is an excellent example of stimulus funding that works towards helping to preserve jobs, assisting the local economy and protecting a valuable source of affordable housing for Canadians.”</p>
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		<title>Governments of Canada and Quebec Invest in New Affordable Housing in La Pêche</title>
		<link>http://canadian-funding-corp-cmhc-statistics.com/2010/03/governments-of-canada-and-quebec-invest-in-new-affordable-housing-in-la-peche/</link>
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		<pubDate>Mon, 15 Mar 2010 15:02:03 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[CMHC]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[diane finley]]></category>
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		<category><![CDATA[skills development canada]]></category>

		<guid isPermaLink="false">http://canadian-funding-corp-cmhc-statistics.com/?p=208</guid>
		<description><![CDATA[Posted by Moishe Alexander The Honourable Lawrence Cannon, Minister of Foreign Affairs and Member of Parliament for Pontiac, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development Canada, along with Stéphanie Vallée, Parliamentary Assistant to the Premier of Quebec and Member of the National Assembly for Gatineau, on behalf of [...]]]></description>
			<content:encoded><![CDATA[<p>Posted by Moishe Alexander</p>
<p>The Honourable Lawrence Cannon, Minister of Foreign Affairs and Member of Parliament for Pontiac, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development Canada, along with Stéphanie Vallée, Parliamentary Assistant to the Premier of Quebec and Member of the National Assembly for Gatineau, on behalf of Laurent Lessard, Minister of Municipal Affairs, Regions and Land Occupancy, officially opened today the two housing projects of the La Pêche Development Corporation, which provide 24 new affordable housing units for semi-independent seniors. This represents an investment of nearly $3.5 million on the part of public and sector partners for the construction of these units.</p>
<p>The Government of Canada, through Canada’s Economic Action Plan, and the Government of Quebec, under the AccèsLogis program of the Société d’habitation du Québec (SHQ), contributed a total amount of nearly $1.5 million, while partners and the Municipality of La Pêche invested nearly $2 million. Of this sum, more than $1.3 million will be provided by the Municipality of La Pêche in the form of a capitalized tax rebate. Canada’s Economic Action Plan was put in place to stimulate the economy and create jobs during the global recession. The federal and provincial governments will invest, on a 50:50 cost-shared basis, $538 million in Quebec under the Affordable Housing Initiative Program Extension Agreement.</p>
<p>“Our government is committed to giving a hand-up to the people of Quebec during these tough economic times,” said Minister Cannon. “Through projects like these, Year 2 of Canada’s Economic Action Plan will continue to create jobs, stimulate communities in all corners of the country and support Canadian workers and families.”</p>
<p>“The opening of these two establishments is excellent news and demonstrates the attention that our government is giving to the seniors of Quebec. Thanks to the combined efforts of the different partners that contributed to this mobilizing project, 24 households can now benefit from safe, quality housing that meets their needs, at an affordable cost,” said MNA Stéphanie Vallée, in the presence of Robert Bussière, Mayor of La Pêche and Chair of the Board of Directors of the La Pêche Development Corporation, and community partners.</p>
<p>Canada’s Economic Action Plan provides $400 million, over two years, to build new rental housing for low-income seniors. Overall, the Economic Action Plan includes $2 billion for new and existing social housing, plus up to $2 billion in loans to municipalities for housing-related infrastructure.</p>
<p>Canada’s Economic Action Plan builds on the Government of Canada’s commitment in 2008 of more than $1.9 billion, over five years, to improve and build new affordable housing and help the homeless.</p>
<p>Twelve tenants of these two housing projects can benefit from the SHQ’s Rent Supplement program, which provides financial assistance to low-income individuals who would otherwise have to spend more than 25 per cent of their income on housing. The rent supplements provided will represent, over a five-year period, a total of nearly $183,350 in financial assistance, including $165,000 from the SHQ and more than $18,350 from the Municipality of La Pêche.</p>
<p>Since 2003, 980 community housing units have been, or are being, developed in the Outaouais region, including 82 in the constituency of Gatineau, representing total investments of nearly $114 million by the Government of Quebec.</p>
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		<title>Canada’s Economic Action Plan Creates Jobs and Improves Social Housing in Quebec</title>
		<link>http://canadian-funding-corp-cmhc-statistics.com/2010/03/canada%e2%80%99s-economic-action-plan-creates-jobs-and-improves-social-housing-in-quebec-2/</link>
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		<pubDate>Mon, 15 Mar 2010 15:00:37 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[CMHC]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[canadian funding corp]]></category>
		<category><![CDATA[economic action]]></category>
		<category><![CDATA[jobs]]></category>
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		<category><![CDATA[social housing]]></category>

		<guid isPermaLink="false">http://canadian-funding-corp-cmhc-statistics.com/?p=206</guid>
		<description><![CDATA[Posted by Moishe Alexander The Government of Canada announced today that 36 housing co-operatives and non-profit organizations located in the greater Outaouais region will receive more than $1.8 million through Canada’s Economic Action Plan, as part of the social housing renovation and retrofit investments. The announcement was made by the Honourable Lawrence Cannon, Minister of Foreign Affairs [...]]]></description>
			<content:encoded><![CDATA[<p>Posted by Moishe Alexander</p>
<p>The Government of Canada announced today that 36 housing co-operatives and non-profit organizations located in the greater Outaouais region will receive more than $1.8 million through Canada’s Economic Action Plan, as part of the social housing renovation and retrofit investments.</p>
<p>The announcement was made by the Honourable Lawrence Cannon<strong>,</strong> Minister of Foreign Affairs and Member of Parliament for Pontiac, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC).</p>
<p>“Through Canada’s Economic Action Plan, our government is taking action to help ensure our economic recovery and create the conditions for long-term growth,&#8221; said Minister Cannon. “Funding renovation and retrofit projects, like these ones, will not only improve the quality of life of the residents by keeping their homes safe and affordable but also help stimulate the local economy and create jobs.”</p>
<p>The Government of Canada, through Canada’s Economic Action Plan, announced $1 billion for social housing renovation and retrofit. Of the $1 billion, $850 million is being delivered by provinces and territories on a cost-matched basis for existing federally assisted social housing projects that they administer on behalf of the partnership. The remaining $150 million is being delivered by CMHC for existing federally assisted off-reserve housing that it directly administers. Eligible repairs include general improvements, energy-efficiency upgrades or conversions, and modifications in support of persons with disabilities.</p>
<p>The housing co-operatives and non-profit organizations that will receive contributions from the Government of Canada being announced today are listed in the attached backgrounder.</p>
<p>“The financial contributions provided under the federal renovation and retrofit initiative administered by CMHC will benefit the residents of Shawville Apartments inc.,” said Dr. Earl Potvin, Chair of the Board of Directors, Shawville Apartments Inc. “In fact, these funds will serve to replace the windows to ensure our quality of life. We are very pleased to have received this funding, which will help improve the comfort and safety of our residents.”</p>
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		<title>Canada’s Economic Action Plan Creates Jobs and Improves Social Housing in Ontario</title>
		<link>http://canadian-funding-corp-cmhc-statistics.com/2010/03/canada%e2%80%99s-economic-action-plan-creates-jobs-and-improves-social-housing-in-ontario/</link>
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		<pubDate>Mon, 15 Mar 2010 14:53:13 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[CMHC]]></category>
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		<guid isPermaLink="false">http://canadian-funding-corp-cmhc-statistics.com/?p=203</guid>
		<description><![CDATA[Posted by Moishe Alexander The Government of Canada announced today that one housing co-operative located in Peterborough will receive more than $291,000 through Canada’s Economic Action Plan, as part of the social housing renovation and retrofit investments. The announcement was made at the Kawartha Village Co-op by Dean Del Mastro, Parliamentary Secretary to the Minister [...]]]></description>
			<content:encoded><![CDATA[<p>Posted by Moishe Alexander</p>
<p>The Government of Canada announced today that one housing co-operative located in Peterborough will receive more than $291,000 through Canada’s Economic Action Plan, as part of the social housing renovation and retrofit investments.</p>
<p>The announcement was made at the Kawartha Village Co-op by Dean Del Mastro, Parliamentary Secretary to the Minister of Canadian Heritage and Member of Parliament for Peterborough, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC).</p>
<p>“Through Canada’s Economic Action Plan, our government is taking action to help ensure our economic recovery and create the conditions for long-term growth,” said MP Del Mastro. “Funding renovation and retrofit projects, like this one, will not only improve the quality of life of its residents by keeping their homes safe and affordable, but it will also help stimulate the local economy and create jobs.”</p>
<p>The Government of Canada, through Canada’s Economic Action Plan, announced $1 billion for social housing renovation and retrofit. Of the $1 billion, $850 million is being delivered by provinces and territories on a cost-matched basis for existing federally assisted social housing projects which they administer on behalf of the partnership. The remaining $150 million is being delivered by CMHC for existing federally assisted off-reserve housing which it directly administers. Eligible repairs include general improvements, energy efficiency upgrades or conversions, and modifications in support of persons with disabilities.</p>
<p>The housing co-operative that will receive a contribution from the Government of Canada being announced today is Kawartha Village Co-op.</p>
<p>“We commend and thank the federal government, Mr. Del Mastro and CMHC for making a sound investment to help ensure that this affordable community is preserved as a legacy for the long-term benefit of its residents”, said David Granovsky, Government Relations Co-ordinator for the Co-operative Housing Federation of Canada. “Today’s announcement shows how stimulus funding helps to preserve jobs, assist the local economy and protect valuable affordable housing assets for Canadians.”</p>
<p>“We are very pleased to be receiving the Renovation and Retrofit grant through Canada&#8217;s Economic Action Plan to improve our cooperative,” said Mary Earls, President, Kawartha Village Co-operative Homes Incorporated. “These significant renovations will have a tremendous positive impact for our members and their quality of life.”</p>
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		<title>Canada’s Economic Action Plan Delivers Housing-Related Infrastructure Loans to Haldimand County</title>
		<link>http://canadian-funding-corp-cmhc-statistics.com/2010/03/canada%e2%80%99s-economic-action-plan-delivers-housing-related-infrastructure-loans-to-haldimand-county/</link>
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		<pubDate>Thu, 11 Mar 2010 16:01:21 +0000</pubDate>
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		<guid isPermaLink="false">http://canadian-funding-corp-cmhc-statistics.com/?p=201</guid>
		<description><![CDATA[CAYUGA, ON, February 23, 2010 — The Government of Canada announced today that Haldimand County has been approved for four housing-related infrastructure loans as part of Canada’s Economic Action Plan. The announcement was made by the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation [...]]]></description>
			<content:encoded><![CDATA[<p><strong>CAYUGA, ON, February 23, 2010 —</strong> The Government of Canada announced today that Haldimand County has been approved for four housing-related infrastructure loans as part of Canada’s Economic Action Plan.</p>
<p>The announcement was made by the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC).</p>
<p>Haldimand County has been approved for almost $7 million in low-cost loans from CMHC’s Municipal Infrastructure Lending Program (MILP). These loans will be used to expand wastewater treatment plants in Cayuga and Hagersville in order to improve wastewater treatment for the residents of these communities. For the residents of Caledonia and Dunnville, the loans will be used to replace undersized water mains, which will improve water quality, pressure and reliability.</p>
<p>“Our government understands the importance of infrastructure in maintaining strong and prosperous communities,” said Minister Finley. “We’re opening the door for municipalities of all sizes to meet their housing-related infrastructure needs. Canada’s Economic Action Plan is creating jobs and stimulating the economy right here in Haldimand County.”</p>
<p>Canada’s Economic Action Plan provides up to $2 billion in direct low-cost loans to municipalities, over two years, for housing-related infrastructure projects through the MILP. Municipal infrastructure loans are available to any municipality in Canada and provide a new source of funds for municipalities to invest in housing-related infrastructure projects. These low-cost loans can also be used by municipalities to fund their contribution for cost-shared federal infrastructure programming.</p>
<p>“Haldimand County is pleased to have our application approved through CMHC’s Municipal Infrastructure Lending Program,” said Mayor Marie Trainer. “This low-cost loan will allow us to pursue projects that will enhance our community, create jobs in a cost-effective manner and help prepare Haldimand County for future growth and prosperity.”</p>
<p>Eligible projects include infrastructure related to housing services such as water, power generation and waste services, as well as local transportation infrastructure within and into residential areas, such as roads, sidewalks, lighting and green space.</p>
<p>As Canada’s national housing agency, CMHC draws on more than 60 years of experience to help Canadians access a variety of quality, environmentally sustainable, and affordable homes — homes that will continue to create vibrant and healthy communities and cities across the country.</p>
<p>Posted by Moishe Alexander, the CEO of Canadian Funding Corp.</p>
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		<title>Governments of Canada, Ontario and the Town of Hawkesbury Celebrate New Affordable Housing</title>
		<link>http://canadian-funding-corp-cmhc-statistics.com/2010/03/governments-of-canada-ontario-and-the-town-of-hawkesbury-celebrate-new-affordable-housing/</link>
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		<pubDate>Wed, 10 Mar 2010 18:02:22 +0000</pubDate>
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		<guid isPermaLink="false">http://canadian-funding-corp-cmhc-statistics.com/?p=199</guid>
		<description><![CDATA[HAWKESBURY, ON, February 10, 2010 — The Government of Canada, the Government of Ontario, the United Counties of Prescott and Russell and the Town of Hawkesbury today celebrated the start of construction of 24 affordable rental units. The project is supported by $2.88 million in funding through the Canada – Ontario Affordable Housing Program. Pierre Lemieux, [...]]]></description>
			<content:encoded><![CDATA[<p><strong>HAWKESBURY</strong><strong>,</strong> <strong>ON, February 10, 2010 —</strong> The Government of Canada, the Government of Ontario, the United Counties of Prescott and Russell and the Town of Hawkesbury today celebrated the start of construction of 24 affordable rental units. The project is supported by $2.88 million in funding through the Canada – Ontario Affordable Housing Program.</p>
<p>Pierre Lemieux, Member of Parliament for Glengarry – Prescott – Russell, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), and Jean-Marc Lalonde, Member of Provincial Parliament for Glengarry – Prescott – Russell on behalf of Jim Bradley, Minister of Municipal Affairs and Housing; along with Conrad Lamadeleine, Warden of the United Counties of Prescott and Russell, Jeanne Charlebois, Mayor of the Town of Hawkesbury, made the announcement.</p>
<p>“Our government is providing a hand up to those Canadians who need it the most,” said MP Pierre Lemieux. “We’re committed to making communities stronger through projects like this one here in Hawkesbury. These investments in local infrastructure will help create new jobs stimulate the local economy.”</p>
<p>“The province is committed to helping people who live on lower or fixed incomes stay in their home communities,” said MPP Jean-Marc Lalonde. “These 24 new affordable rental units are going to make a positive difference in the lives of the individuals living here, and make an excellent addition to the Town of Hawkesbury.”</p>
<p>The 24-unit project located at 300 Nelson Street received $2.88 million in funding through the two-year extension of the Canada – Ontario Affordable Housing Program and is sponsored by the Brisson/Labelle Partnership. The building will be occupied by individuals living on low incomes, including persons with disabilities and special needs.</p>
<p>“It is living proof that with partnerships between various levels of governments and the private sector, we can achieve important projects like this one and this participation will allow our community to enjoy more affordable housing,” said Warden Conrad Lamadeleine.</p>
<p>“We welcome this new housing development in our town and we congratulate Mr. Marc-André Labelle, Mr. Dominic Labelle and Mr. Jean-Luc Brisson for the opportunity they are offering our residents seeking affordable housing” said Mayor Jeanne Charlebois.</p>
<p>The Canada – Ontario Affordable Housing Program Agreement comprises a commitment of $301 million from each of the two senior levels of government. In total, the federal, provincial and municipal governments will invest at least $734 million in the program, which will provide affordable housing for up to 20,000 households in Ontario.</p>
<p>In 2008, the Government of Canada committed more than $1.9 billion over the next five years to improve and build new affordable housing and to help the homeless. Canada&#8217;s Economic Action Plan builds on this with an additional one-time investment of more than $2 billion over two years in new and existing social housing and lending of up to another $2 billion to municipalities for housing-related infrastructure. Combined for Ontario, this means a further $1.2-billion joint investment under the amended Canada – Ontario Affordable Housing Program Agreement. The federal and provincial governments are contributing equally to this overall investment.</p>
<p>Ontario is moving quickly to get new housing built. The province has already approved more than $224 million for construction-ready projects, which will improve access to affordable housing for low-income families, seniors and persons with disabilities across the province. It will also create jobs and strengthen local economies. To find out more about affordable housing in Ontario, visit <a onmouseover=" return window.status='http://www.mah.gov.on.ca'; " onmouseout=" return window.status=''; " href="javascript:HandleLink('cpe_218634_0','CPNEWWIN:NewWindow%5Etop=10,left=10,width=500,height=400,toolbar=1,location=1,directories=0,status=1,menubar=1,scrollbars=1,resizable=1@http://www.mah.gov.on.ca');">www.mah.gov.on.ca</a>.</p>
<p>Posted by Moishe Alexender.</p>
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		<title>Canada’s Economic Action Plan Creates Jobs and Improves Social Housing in Québec</title>
		<link>http://canadian-funding-corp-cmhc-statistics.com/2010/03/canada%e2%80%99s-economic-action-plan-creates-jobs-and-improves-social-housing-in-quebec/</link>
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		<pubDate>Wed, 10 Mar 2010 17:22:58 +0000</pubDate>
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		<guid isPermaLink="false">http://canadian-funding-corp-cmhc-statistics.com/?p=196</guid>
		<description><![CDATA[MONTRÉAL, February 11, 2010 — The Government of Canada announced today that 62 housing co-­operatives and non-profit organizations located in the greater Montréal area will receive more than $5.8 million through Canada’s Economic Action Plan, as part of the social housing renovation and retrofit investments. The announcement was made in Montréal, at Maison Jean-Brillant, by Senator [...]]]></description>
			<content:encoded><![CDATA[<p><strong>MONTRÉAL, February 11, 2010 —</strong> The Government of Canada announced today that 62 housing co-­operatives and non-profit organizations located in the greater Montréal area will receive more than $5.8 million through Canada’s Economic Action Plan, as part of the social housing renovation and retrofit investments.</p>
<p>The announcement was made in Montréal, at Maison Jean-Brillant, by Senator Claude Carignan, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), in the company of Richard McConomy, Chair of the Board of Directors, Maison Bieler inc.</p>
<p>“Through Canada’s Economic Action Plan, our government is taking action to help ensure our economic recovery and create the conditions for long-term growth,” said Senator Claude Carignan. “Funding renovation and retrofit projects, like these ones, will not only improve the quality of life of the residents by keeping their homes safe and affordable but also help stimulate the economy and create jobs.”</p>
<p>The Government of Canada, through Canada’s Economic Action Plan,  announced $1 billion for social housing renovation and retrofit. Of the $1 billion, $850 million is being delivered by Provinces and Territories on a cost-matched basis for existing federally assisted social housing projects that they administer on behalf of the partnership. The remaining $150 million is being delivered by CMHC for existing federally assisted off-reserve housing that it directly administers. Repairs that are eligible for funding include general improvements, energy-efficiency upgrades or conversions, and modifications in support of persons with disabilities.</p>
<p>As of February 1, 2010, CMHC is accepting applications from eligible project sponsors for the remaining $75 million funding for Phase II of Canada’s Economic Action Plan. Sponsor groups can apply online or through the mail. Eligible repairs include general improvements, energy-efficiency upgrades or conversions, and modifications in support of persons with disabilities.</p>
<p>The housing co-operatives that will receive contributions from the Government of Canada being announced today are listed in the attached backgrounder.</p>
<p>“The financial contribution of $259,893 provided under the federal renovation and retrofit initiative administered by CMHC will benefit the residents of Maison Jean-Brillant,” said Richard McConomy, Chair of the Board of Directors, Maison Bieler inc. “In fact, these funds will serve to renovate the elevator systems to ensure the safety of the residents. We are very pleased to have received this funding, which will help improve the quality of life and safety of our residents.”</p>
<p>Posted by Moishe Alexander, the CEO of Canadian Fundiing Corp.</p>
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		<title>Housing starts to fall but MLS® sales to rise in 2010 in the Sherbrooke CMA</title>
		<link>http://canadian-funding-corp-cmhc-statistics.com/2009/11/housing-starts-to-fall-but-mls%c2%ae-sales-to-rise-in-2010-in-the-sherbrooke-cma/</link>
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		<pubDate>Thu, 12 Nov 2009 19:35:26 +0000</pubDate>
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		<guid isPermaLink="false">http://canadian-funding-corp-cmhc-statistics.com/?p=189</guid>
		<description><![CDATA[With a gradually strengthening job market and still favourable financing conditions, the housing market situation in the Sherbrooke census metropolitan area (CMA) will be somewhat different this year1. After having stagnated in 2009, existing home sales registered through the Multiple Listing Service (MLS)® will rise by 4 per cent next year. Housing starts, for their [...]]]></description>
			<content:encoded><![CDATA[<p>With a gradually strengthening job market and still favourable financing conditions, the housing market situation in the Sherbrooke census<br />
metropolitan area (CMA) will be somewhat different this year1. After having stagnated in 2009, existing home sales registered through the Multiple Listing Service (MLS)® will rise by 4 per cent next year. Housing starts, for their part, will fall by 14 per cent in 2010. This decline will result from the level of housing activity in 2009, and not from the deterioration of economic conditions.</p>
<p>Employment to increase slightly in 2010 In 2009, the Sherbrooke area was spared by the slowdown in economic activity that affected all industrialized countries. During the first six months of the year, the average number of jobs2 in the area declined by 2 per cent, with losses registered in both part-time and full-time employment. However, the situation improved somewhat from July to September, as the number of jobs rose by 1.5 per cent. While this rise was entirely attributable to the gains recorded in part-time employment, full-time job losses are moderating more and more, suggesting that increases could occur shortly. Thanks to this renewed economic activity, the Sherbrooke CMA will end the year with 83,000 jobs, or the same level as in 2008.</p>
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