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Posted by Moishe Alexander

The Government of Canada’s announced today an investment of more than $2.1 million as part of the year one funding through Canada’s Economic Action Plan to improve housing conditions for the First Nation communities on Vancouver Island.

James Lunney, Member of Parliament for Nanaimo – Alberni, 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 along with members of the Tseshaht First Nation community.

“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 Lunney.

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 more than $11.1 million to retrofit housing units on reserve in British Columbia. Of this funding, 17 First Nation communities on Vancouver Island will receive more than $2.1 million to improve the quality of 207 housing units.

The Québec census metropolitan area (CMA) stayed the course at the beginning of the year, as the labour market there continued to grow. After the first six months of the year, the job market in the CMA was on the rise and, as such, stood out from the other five metropolitan areas across Quebec, where employment was down. Several sectors enjoyed growth, including construction, finance, and insurance and real estate.
The third quarter results, however, revealed a very different picture

While construction is up by 2 per cent for the first nine months of the year in the Quebec part of the Ottawa-Gatineau census metropolitan area (CMA), 2009 will end with fewer housing starts than in 2008. It is expected that a total of 3,000 units While construction is up by 2 per cent for the first nine months of the year in the Quebec part of the Ottawa-Gatineau census metropolitan area (CMA), 2009 will end with fewer housing starts than in 2008. It is expected that a total of 3,000 units