A significant shift is underway in the federal effort to tackle the housing crisis. As of August 19, the land holdings and development expertise of the Canada Lands Company have officially transitioned under the umbrella of Build Canada Homes (BCH). This move, aimed at streamlining the delivery of housing on public land, sees veteran real estate executive James Cox moving into a key leadership role at the agency. For GTA observers, the implications are notable: the massive Downsview Lands project—a site slated to support up to 63,000 future homes, with an initial phase of 540 units featuring 40% affordable housing—is now firmly under the BCH mandate. This consolidation of federal tools is designed to accelerate development timelines on public sites across Ontario and beyond. For a deeper look at how this restructuring will impact the local development pipeline, read the full story at STOREYS.
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