Friday's announcement included a Homebuilding Technology and Innovation Fund and $500M for the Apartment Construction Loan Program specifically for prefabricated and modular housing.On Friday, from a modular housing manufacturing plant in Calgary, Prime Minister Justin Trudeau announced a new series of actions the Government of Canada will be taking that's all geared towards prefabrication and modular housing solutions.
"We want to accelerate the pace of construction to levels not seen since the end of the second World War," said Trudeau on Friday. "To do that, we need to change our approach and adopt innovative technologies.