Carney Unveils ‘Build Canada Homes’ to Supercharge Affordable Housing — Developers and Trades Urged to ‘Gear Up’

Prime Minister Mark Carney has launched a new federal agency, Build Canada Homes, to turbocharge construction of affordable housing across the country. The agency will oversee billions in financial incentives aimed at getting projects moving at scale, with a focus on modern, cost-effective approaches such as modular and factory-built homes. Carney framed the plan as a rapid, nation-building push that pairs private investment with public backing to break through supply bottlenecks. Opposition parties quickly pounced. Conservative Leader Pierre Poilievre argued the initiative merely adds “another bureaucracy that will only slow things down,” while interim NDP MP Jenny Kwan called the announcement “extremely disturbing.” Carney has stressed the money will flow to builders, not the bureaucracy, reiterating a message he previewed during an April appearance on Village Media’s podcast: the program is designed to channel capital to private developers who can deliver units at scale. He also pitched the effort as a once-in-a-generation chance for young Canadians to enter the skilled trades, promising “thousands” of careers as Canada undertakes a multi-decade building drive. Hosted by Michael Friscolanti and Scott Sexsmith, Village Media’s Closer Look podcast features Carney’s earlier remarks outlining the agency’s contours and his pledge to go “hard, hard, hard” on housing supply.