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Canada Supports Rapid Housing Project in Etobicoke


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TORONTO, May 13, 2021 /CNW/ - Every Canadian deserves a safe and affordable place to call home. The COVID-19 crisis has made it clear that affordable housing is key to Canada s recovery for regions across the country, including right here in Toronto.
Today, the Honourable Ahmed Hussen, Minister of Families, Children and Social Development and Minister responsible for Canada Mortgage and Housing Corporation (CMHC), alongside Kirsty Duncan, Member of Parliament for Etobicoke North, John Tory, Mayor of Toronto, and Ana Bailão, Deputy Mayor of Toronto, announced details of an approximately $30.5 million investment through the Major Cities Stream of the Rapid Housing Initiative (RHI) for the immediate construction of approximately 113 affordable homes. ....

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Canada Supports Rapid Housing Projects in Toronto


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TORONTO, April 15, 2021 /CNW/ - Every Canadian deserves a safe and affordable place to call home. The COVID-19 crisis has made it clear that affordable housing is key to Canada s recovery as regions across the country, including those in Toronto, are dealing with the devastating impacts of rising levels of homelessness and housing need.
Today, the Honourable Ahmed Hussen, Minister of Families, Children and Social Development and Minister responsible for Canada Mortgage and Housing Corporation (CMHC), and John Tory, Mayor of Toronto, announced details of an approximately $143 million investment through the Major Cities Stream of the Rapid Housing Initiative (RHI) for the immediate purchase and renovation of approximately 334 units of affordable housing in Toronto. ....

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Modular Construction Market to Reach USD 114.78 Billion by 2028; Increasing Adoption of Lean Manufacturing Techniques to Stimulate Growth: Fortune Business Insights™


USD 114.78 billion by 2028 while exhibiting a
CAGR of 6.1% between 2021 and 2028. This information is published by Fortune Business Insights in its latest report, titled, “Modular Construction Market, 2021-2028.” The report further observes that the market stood at
USD 72.11 billion in 2020. Factors such as adoption of advanced lean manufacturing techniques and the growing infrastructure investment are expected to boost the adoption of the product globally. For instance, in March 2021, Finch Buildings, a Dutch sustainable building solutions provider, announced that it has raised over EURO 1 million with the help of Belgium-based AMAVI Capital to establish its presence globally. According to the European Union, 35% of the total waste generation in Europe is due to the construction sector. The company is a staunch believer of the fact that construction of wooden buildings is the solution going forward. ....

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