Build Canada Homes funding provision repealed; two divisions brought into force

Plain-language summary · AI-assisted

Two previously dormant divisions of the Budget 2025 Implementation Act have now been brought into force by order-in-council. Separately, the provision that authorized up to $11.5 billion in federal payments to fund the operations of Build Canada Homes has been repealed by subsequent legislation. Canada Lands Company Limited's $1.515 billion funding authority under the same Act remains intact. Organizations that were planning to access or rely on the Build Canada Homes funding stream under this Act should be aware that the statutory authority for it no longer exists here. Those affected by Division 2 or Division 22 of the Act should confirm whether their compliance obligations are now active.

Who this affects
housing developers · federal housing program participants · real estate and construction companies · government contractors working with Build Canada Homes · privacy compliance teams (Division 22/PIPEDA-related provisions)