BREAKING GROUND FOR A NEW TRANSITIONAL APARTMENT IN PRINCE ALBERT Français
Developed by YWCA Prince Albert, the multi-million-dollar project will add 20 one-bedroom units to the city, which will contain 10 bachelor units, eight one-bedroom units, two one-bedroom barrier-free units and a common area for services. The property will be located on 18 th Street West and the units are expected to be completed in early 2027.
YWCA Prince Albert is a non-profit organization providing shelter, supportive housing, and assistance to marginalized populations to help break the cycle of poverty. For this project, YWCA Prince Albert (YWCA) plans to give priority tenancy to women transitioning from YWCA programs, which includes women and youth at risk of violence and homelessness and young mothers. Tenants will receive support services through YWCA Prince Albert's various programs.
As we build a strong Canadian housing sector, purposeful collaboration will be essential. That means working hand-in-hand with the non-profit sector to bring down costs and build homes at a scale and speed not seen since the Second World War.
Quotes:
"These homes being built by YWCA Prince Albert will provide individuals in need a safe space and peace of mind. The federal government is committed to supporting communities across the country in ensuring every Canadian has a place to call home." – The Honourable Gregor Robertson, Minister of Housing and Infrastructure and Minister responsible for Pacific Economic Development Canada
"This investment will provide vulnerable women with a safe, supportive place to call home and hope for a brighter future. With strong support of community partners, we are happy to see construction begin on this new transitional housing development that will provide stability and life-changing support for women in need," – The Honourable Terry Jenson, Minister of Social Services and Minister Responsible for Saskatchewan Housing Corporation (SHC)
"We are glad to be starting construction on this much-needed project in partnership with the municipal, provincial, and federal governments. Between rising costs and low housing supply in Prince Albert, finding appropriate housing is challenging, particularly on limited or fixed incomes. Our new twenty-unit low-income housing build will help to address some of the gaps we're seeing for individuals and families living in the lower income brackets. We will be providing support as needed through our Community Connection Centre for things such as employment assistance, renter information, and more." -- Donna Brooks, YWCA Prince Albert CEO.
"We're pleased to support this important initiative. Affordable housing is a vital part of a healthy community, and this project is an important step toward ensuring everyone in Prince Albert has access to safe, stable housing," – Michael Nelson, Planning and Development Manager, City of Prince Albert.
Quick facts:
The National Housing Strategy (NHS) is a 10+ year, $115+ billion plan to give more Canadians a place to call home. Progress on programs and initiatives are updated quarterly on the Housing, Infrastructure and Communities Canada (HICC) website. The Housing and Infrastructure Project Map shows affordable housing projects that have been developed.
As of March 2025, the federal government has committed $65.84 billion to support the creation of over 166,000 units and the repair of over 322,000 units. These measures prioritize those in greatest need, including seniors, Indigenous Peoples, people experiencing or at risk of homelessness, and women and children fleeing violence.
NHS is built on strong partnerships between the federal, provincial, and territorial governments, and continuous engagement with others, including municipalities, Indigenous governments and organizations, and the social and private housing sectors. This includes consultations with Canadians from all walks of life, and people with lived experience of housing need.
All NHS investments delivered by the federal, provincial, and territorial governments will respect the key principles of NHS that support partnerships, people, and communities.
In 2019, the Government of Canada and the Government of Saskatchewan entered into an agreement through the National Housing Strategy. The Canada-Saskatchewan Bilateral Agreement will invest $585 million over 10 years, which is cost matched between the federal and provincial governments.
The Rental Development Program (RDP) provides one-time capital funding in the form of a forgivable loan to assist in the development of affordable rental housing units for households with low incomes. The RDP is funded by Canada Mortgage and Housing Corporation (CMHC) and Saskatchewan Housing Corporation (SHC).
YWCA Prince Albert provides shelter, supportive housing, and assistance to marginalized populations to help break the cycle of poverty. Operating since 1912, YWCA offers two crisis shelters, housing projects, housing case management, recovery services, settlement services, and comprehensive support programs.
Since 2007, Saskatchewan Housing Corporation (SHC) has worked with Prince Albert housing providers to develop 415 affordable rental units. In addition, through SHC's Shelter Enhancement Program, YWCA has completed multiple shelter improvements benefiting victims of family violence, with funding of $199,000.
Funding provided for this project is as follows:
$3,762,516 in cost-matched funding from the Government of Canada and the Government of Saskatchewan through the National Housing Strategy (NHS) – Saskatchewan Priorities Initiative (SPI)
$414,694 from YWCA Prince Albert
$30,000 from the City of Prince Albert
Associated Links:
Visit Canada.ca/housing for the most requested Government of Canada housing information.
CMHC plays a critical role as a national facilitator to promote stability and sustainability in Canada's housing finance system. Our mortgage insurance products support access to homeownership and the creation and maintenance of rental supply. We also actively support the Government of Canada in delivering on its commitment to make housing more affordable. Our research and data help inform housing policy. By facilitating cooperation between all levels of government, private and non-profit sectors, we contribute to advancing housing affordability, equity, and climate compatibility. Follow us on X, YouTube, LinkedIn, Facebook and Instagram.
Progress on programs and initiatives are updated quarterly on the Housing, Infrastructure and Communities Canada (HICC) website. The Housing and Infrastructure Project Map shows affordable housing projects that have been developed so far.
In November 2019, the Government of Saskatchewan released Saskatchewan's Growth Plan: the Next Decade of Growth 2020-2030, which sets out the Government's vision for a province of 1.4 million people by 2030. The Plan identifies principles, goals and actions to ensure Saskatchewan is capturing the opportunities and meeting the challenges of a growing province. To learn more, visit www.saskatchewan.ca
SOURCE Canada Mortgage and Housing Corporation (CMHC)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Montreal Gazette
an hour ago
- Montreal Gazette
Via Rail to use refurbished cars to improve service on Montreal-Halifax train
HALIFAX — Via Rail wants to use refurbished rail cars to improve service between Halifax and Montreal, but the CEO of the Crown corporation can't say whether doing so will increase the frequency of trains on the line. Mario Péloquin made the comments in an interview Tuesday after a ceremony celebrating the $27-million restoration of Via's Halifax station. He also noted that last year was the 120th anniversary of The Ocean — the passenger train from Montreal to Halifax inaugurated in July 1904. Ottawa has committed to renewing Via Rail's entire Canadian fleet within 10 years. However, in the interim, Péloquin says there are plans to refurbish stainless steel cars that are being retired in Central Canada for use in the Atlantic region. The rail cars, originally manufactured in 1954 by the now-defunct Budd Company of Philadelphia, can be modernized and sent to Halifax as they become available, he said. 'As soon as we free up one of those (Budd rail cars), we'll repurpose it in the segments of the long-distance runs where we can best benefit from their use,' said the chief executive. Some of the refurbished cars will run on The Ocean line, and others, he said, will be sent to The Churchill, which runs between Winnipeg and Churchill, Man., or The Skeena, between Jasper, Alta., and Prince Rupert, B.C. Ted Bartlett, the former president of advocacy group Transport Action Atlantic, said in an email he hopes there will be enough refurbished cars to increase service on The Ocean. The 1,340-kilometre route currently runs just three times a week. 'It should not be necessary for The Ocean to wait long years for new cars to be designed and built to regain some of its former glory,' wrote Bartlett. Meanwhile, Péloquin said Via would 'love to' increase the frequency of the Halifax-Montreal line, but he said he doesn't know if that can happen because CN may not have openings on its increasingly busy freight lines. Via Rail relies on CN's rail network for nearly all of its routes. 'We would love to do that … but the constraint is getting the additional time slots .... More freight traffic is leaving less time for running (passenger) trains. It's a constant discussion. We're trying,' said Péloquin. A spokesperson for CN said in an email that adding Via trains to its lines 'would be subject to negotiation between Via and CN.' Bartlett said in an interview that there are also problems with The Ocean's reliability, as the service is slow and frequently late. Ottawa, he said, must take a leadership role in cutting a deal with CN to upgrade track and replace track sidings that have been removed over the years in northeastern New Brunswick. Péloquin acknowledged, 'we are unfortunately incurring delays pretty regularly on the long-distance runs, including The Ocean.' Upgrading the New Brunswick portion of the route, the CEO said, would be 'a really good idea.' However, Péloquin said there's no final price tag for the improvements to the CN line. 'It's at least hundreds of millions (of dollars), but I don't have a figure yet because we're not far enough advanced on the discussions.' A spokesperson for the federal Transport Department noted that Ottawa has only recently committed to making major investments to renew Via Rail's fleet. 'With this major upgrade underway, the focus remains on maximizing the benefits of the new fleet before considering further infrastructure investments or service changes,' wrote Sau Sau Liu in an email. Péloquin said the announcements for the winning contracts for new locomotives and cars will be announced early next year.
Cision Canada
an hour ago
- Cision Canada
K-Bro Declares July 2025 Dividend
EDMONTON, AB, July 15, 2025 /CNW/ - K-Bro Linen Inc. (the "Corporation") announced today a dividend of 10.00 cents CDN per common share of the Corporation for the period from July 1 to 31, 2025, to be paid on August 15, 2025 to holders of record of common shares on July 31, 2025. The Corporation's policy is for shareholders of record on the last business day of a calendar month to receive dividends during the fifteen days following the end of such month. K-Bro designates this dividend as an eligible dividend pursuant to subsection 89(14) of the Income Tax Act (Canada) and similar provincial and territorial legislation. CORPORATE PROFILE K-Bro is the largest owner and operator of laundry and linen processing facilities in Canada. K-Bro provides a comprehensive range of general linen and operating room linen processing, management and distribution services to healthcare institutions, hotels and other commercial accounts. K-Bro currently operates eleven processing facilities under two distinctive brands, including K-Bro Linen Systems Inc. and Buanderie HMR, in eight Canadian cities: Québec City, Montréal, Toronto, Edmonton, Calgary, Regina, Vancouver and Victoria. Fishers was established in 1900 and is an operator of laundry and linen processing facilities in Scotland, providing linen rental, workwear hire and cleanroom garment services to the hospitality, healthcare, manufacturing and pharmaceutical sectors. Fishers' client base includes major hotel chains and prestigious venues across Scotland and the North East of England. The company operates sites in Scotland and the North East of England with facilities in Cupar, Perth, Newcastle, Livingston and Coatbridge. Shortridge has operated as a family run business since the 1990s and is based in Cumbria, with plants in Lillyhall, Dumfries and a distribution depot in Darlington. It specializes in providing high quality laundry services to local independent hospitality businesses, including hotels, B&Bs, self-catering units and restaurants. Star Mayan is a holding company that owns 100% interests in three operating businesses: Synergy, Grosvenor and AeroServe. Star Mayan is a leading commercial laundry business in England, serving the healthcare and hospitality markets. Typical services offered include processing, management and distribution of healthcare and hospitality linens, including sheets, blankets, towels, surgical gowns and other linen. Star Mayan has seven operating facilities strategically located across England: Bermondsey, Derby, Dunstable, Sheffield, Slough (2), and St. Helens, in addition to a distribution depot in Manchester. Additional information regarding the Corporation including required securities filings are available on our website at and on the Canadian Securities Administrators' website at the System for Electronic Document Analysis and Retrieval ("SEDAR"). K‑Bro est le plus important propriétaire et exploitant de buanderies au Canada. K‑Bro fournit une gamme étendue de services de buanderie aux établissements de soins de santé, hôtels et autres clients commerciaux. K‑Bro exploite actuellement onze usines sous deux marques distinctives, incluant K-Bro Linen Systems Inc., et Buanderie HMR, dans huit villes canadiennes: Québec, Montréal, Toronto, Edmonton, Calgary, Regina, Vancouver et Victoria. et sur le site Web des autorités canadiennes en valeurs mobilières au le site Web du Système électronique de données, d'analyse et de recherche (« SEDAR »).
The Market Online
an hour ago
- The Market Online
@ the Bell: Markets fall despite easing inflation concerns
Canada's main stock index moved lower on Tuesday, with gold sector stocks leading the drop. This came despite consumer inflation data from both the US and Canada aligning with expectations, which helped ease investor concerns about inflation driven by tariffs. Meanwhile, Wall Street markets, including the S&P 500 also edged lower, even though Nvidia (NASDAQ:NVDA) shares rose following new data showing a slight increase in June inflation. Investors were also processing earnings reports from major financial institutions. While Wells Fargo exceeded earnings expectations, its lowered forecast for net interest income caused its stock to fall by over 4 per cent. The Canadian dollar traded for 72.87 cents US compared to 72.99 cents US on Monday. US crude futures traded $0.67 lower at US$66.31 a barrel, and the Brent contract lost $0.56 to US$68.65 a barrel. The price of gold was down US$20.18 to US$3,328.36. In world markets, the Nikkei was up 218.40 points to ¥39,678.02, the Hang Seng was up 386.80 points to HK$24,590.12, the FTSE was down 59.74 points to ₤8,938.32, and the DAX was down 100.35 points to €24,060.29. Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here .
