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Government of Canada invests $9 million in Yellowknife housing repairs

The Government of Canada is providing $9 million to retrofit 50 Yellowknife homes in an initiative through the Borealis Housing Co-Operative.
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NWT MP Michael McLeod, top left; Keith Deans, president of the Borealis Housing Co-operative; Ahmed Hussen, minister of the Canada Mortgage and Housing Corporation (CMHC); and NWT Housing Minister Paulie Chinna were all a part of the Government of CanadaSA国际影视传媒檚 Monday morning announcement of $9 million towards retrofitting Yellowknife housing. This will benefit the Borealis Housing Co-operativeSA国际影视传媒檚 units on Finlayson Drive. Screenshot courtesy of Government of Canada

The Government of Canada is providing $9 million to retrofit 50 Yellowknife homes in an initiative through the Borealis Housing Co-Operative.

The renovation is located at 2000 Finlayson Dr. and SA国际影视传媒渢he work has already started,SA国际影视传媒 according to Keith Deans, president of the Borealis Housing Co-operative.

Repairs on the houses are needed due to the age of the units, which were constructed 30 years ago.

According to Ahmed Hussen, minister of the Canada Mortgage and Housing Corporation (CMHC), the Government of CanadaSA国际影视传媒檚 investment is being made through the National Housing Co-Investment Strategy.

SA国际影视传媒淭his 10-year, $72-billion-plus housing plan is about strengthening our middle class for those who are struggling to join the middle class, fuelling our economy, and giving more Canadians a place to call home and creating good middle class jobs,SA国际影视传媒 said Hussen.

The fixes to the housing co-op project on Finlayson Drive are expected to conclude in February 2023.





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