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Canada’s Economic Action Plan Creates Jobs and Improves Housing On-Reserve in British Columbia — Vernon
Posted: April 7, 2010 at 8:04 am | Tags: Action, Alexander, British Columbia, canada, CMHC, Colin Mayes, Diane Finley, Economic, government, Housing Market, Improves, investment, Jobs, Minister Responsible, MP Mayes, Nation, Okanagan, On, Plan, region, Shuswap, today, Vernon PostedPosted by Moishe Alexander
The Government of Canada announced today an investment of more than $475,000 as part of the year one funding through Canada’s Economic Action Plan to improve housing conditions for First Nation communities in the Okanagan – Shuswap region of British Columbia.
Colin Mayes, Member of Parliament for Okanagan – Shuswap, 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 today.
“Our Government’s Economic Action Plan is creating jobs, stimulating the local economy and improving housing conditions for First Nation communities in British Columbia,” said MP Mayes.
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.
Through Canada’s Economic Action Plan, some $50 million in federal investments will be made available to First Nations in British Columbia to address immediate housing needs.
Specifically, CMHC will allocate $475,797 to retrofit 50 housing units on-reserve in the Okanagan – Shuswap region.