I'm cautiously optimistic. I'm just hoping these housing projects will be targeted towards high cost of living areas and not just where it's easy. We don't just want a new megacity in northern Manitoba that would sit empty while technically fulfilling the promise.
I mean, I kind of do as long as they can make it correct and there are jobs.
Canada needs more major cities. We keep expanding Vancouver, Toronto, Calgary, Montreal, etc. but why not expand smaller cities? Attract business there and then instead of five cities with 3 million people we can have 15 cities with 1 million people.
Gives people more choice on where to live if they want a populated area with services, allows for more eco friendly development and less land intensive building, etc.
Certainly they aren't in the public imagination anymore. Indeed, I haven't heard a single news person or even the original policy brief mention them.
More than anything else, I wanted to revive the term among my readers.
Canada Mortgage and Housing Corporation (CMHC; French: Société canadienne d'hypothèques et de logement, SCHL) is Canada's federal crown corporation responsible for administering the National Housing Act, with the mandate to improve housing by living conditions in the country.
Originally established after World War II to help returning war veterans find housing, it has since seen its mandate expand to the mandate of improving access to housing overall.