Canada's Economic Action Plan Creates Jobs and Improves Housing on Reserve in Alberta

June 10, 2010

Claresholm, AB, June 10, 2010 — The Government of Canada announced today an investment of more than $580,000 as part of the year one funding through Canada’s Economic Action Plan to improve housing conditions for Siksika First Nation and Stoney Nation  in Alberta. 

Ted Menzies, Parliamentary Secretary to the Minister of Finance and Member of Parliament for Macleod, 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 today.

Our Government’s Economic Action Plan is creating jobs, stimulating the local economy and improving housing conditions for First Nation communities in Alberta,” said Parliamentary Secretary Menzies.

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 Alberta to address immediate housing needs.

Specifically, CMHC allocated more than $580,000 to retrofit 41 existing housing units in Siksika First Nation.  For Stoney Nakoda First Nation, $576,680 has been allocated to retrofit 60 existing housing units, as well as more than $1.5 million for subsidy associated with three new housing units to be constructed in the community.

More information on this and other measures in Canada’s Economic Action Plan, the federal government’s plan to stimulate the economy and protect those hit hardest by the global recession, can be found at: www.actionplan.gc.ca. 


To find out more about how the Government of Canada and CMHC are working to build stronger homes and communities for all Canadians, call CMHC at 1-800-668-2642 or visit www.cmhc.ca/housingactionplan.