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Canada's Economic Action Plan Creates Jobs and Improves Social Housing in Quebec

The Government of Canada announced today that four housing co-operatives located in Louis Saint-Laurent will receive more that $386,000 through Canada's Economic Action Plan, as part of the social housing renovation and retrofit investments.

The announcement was made today by the Honourable Josée Verner, Minister of Intergovernmental Affairs, President of the Queen's Privy Council, Minister for la Francophonie, and Minister Responsible for the Québec Region, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC). This contribution is part of the more than $22 million federal investment, announced earlier today by Minister Finley, for the renovation and retrofit of housing projects across Québec.

"The four renovation projects announced today in my riding are concrete examples of measures that our government has put in place to help ensure our economic recovery and long-term growth. It is through initiatives like these ones that our economic action plan is improving the quality of life of our citizens, creating jobs and stimulating the economy, right here in the Québec region," said Minister Verner.

The Government of Canada, through Canada's Economic Action Plan, announced $1 billion for social housing renovation and retrofit. Of the $1 billion, $850 million is being delivered by provinces and territories on a cost-matched basis for existing federally assisted social housing projects which they administer on behalf of the partnership. The remaining $150 million is being delivered by CMHC for existing federally assisted off-reserve housing which it directly administers. Eligible repairs include general improvements, energy efficiency upgrades or conversions, and modifications in support of persons with disabilities.

The housing co-operatives that will receive contributions from the Government of Canada being announced today are:
Coopérative d'habitation Val-des-Bois           $ 47 642  
Coopérative d'habitation L'Hirondelle $ 204 052
Coopérative d'habitation Champigny           $ 78 593  
Coopérative d'habitation L'Accord de l'Ancienne Lorette $ 56 276  

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.





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