Canada fast-tracks construction of 356 homes in Peterborough, 21 in Alberton

The Government of Canada is actively addressing the housing crisis through initiatives like the Housing Accelerator Fund (HAF), which aims to streamline the construction of new homes by cutting red tape and encouraging greater density. Recent agreements in places like Peterborough and Alberton will fast-track the development of hundreds of new homes, contributing to a projected 112,000 new homes by 2028. Local governments are being urged to adopt bold strategies, including easing zoning restrictions and expediting permitting processes, to facilitate affordable housing. A report from the Canadian Climate Institute warns that without proper regulation, many new homes may be built in flood- and fire-prone areas, potentially leading to significant future damages. Experts stress the importance of using available data to inform safer development practices. The ongoing collaboration between federal and municipal governments aims to enhance housing accessibility while also addressing climate-related risks.