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The Affordable Housing Initiative (AHI), operating from 2001 to 2011, was an intergovernmental multilateral housing initiative on affordable housing in Canada. [63] The federal government, working through the CMHC, provided funding for the supply of new affordable rental housing under the Affordable Housing Program with CA$1 billion from 2001 ...
Potential benefits of green affordable housing include lower energy cost burden and improved health. One challenge to green affordable housing is the tendency to prioritize short-term costs over long-term benefits, leading to higher upfront cost. The challenge for green housing advocates is to see to the life cycle cost of the building. [1]
In 2003, the federal-provincial affordable housing program began, with $1 billion in federal expenditure to improve affordable housing supply by an estimated 23,500 units. In 2005, CMHC introduced a 10% "green refund" on mortgage loan insurance premiums for homeowners who buy or build an energy-efficient home, or who make energy-saving ...
Under the program the CMHC provided subsidized interest rates to low income families, in addition to providing them with grants. [8] In 1978 an NHA amendment discontinued the provision of grant money to these families, which led to a high incidence of defaults, and in turn, necessitated that the federal government provide financial assistance ...
Green economy policies in Canada are policies that contribute to transitioning the Canadian economy to a more environmentally sustainable one. The green economy can be defined as an economy, "that results in improved human well-being and social equity, while significantly reducing environmental risks and ecological scarcities."
Canada Child Tax Benefit was eliminated in 2016 and replaced by the Canada Child Benefit (CCB), a tax-free payment targeting low- and middle-income families; those with incomes higher than $150,000 will receive less than the previous system. In 2018-19 benefit year, the CCB payments are up to $6,496 per year per child under the age of 6, and up ...