The Canadian government is launching a $450-million loan program to support the construction of new student housing. This initiative aims to address the acute shortage of affordable student accommodations, especially in urban areas where housing markets are tight. The loans will be available to universities, colleges, and other eligible partners to help in the development of new student residences. This approach is part of the government’s broader strategy to tackle housing affordability and accessibility challenges faced by various groups, including students.
Check out more news and blogs here