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Canada Releases Public Lands to Address Housing Shortage, Aims for 250,000 New Homes

  • The Canadian government identified 56 federal properties to build affordable housing, aiming to alleviate the housing shortage.
  • A new Canada Public Land Bank will manage these lands, with the potential to create 250,000 residential units.
  • A $500 million fund is established to acquire additional lands from other government levels to meet housing demands.