Canada is facing a housing crisis and the biggest issue is supply. Finance Canada and the Canada Mortgage and Housing Corporation (CMHC) estimate that Canada will need to build at least 3.5 million new homes by 2031. Speaking at the Federation of Canadian Municipalities annual meeting, Prime Minister Justin Trudeau stated the cost of owning a home is inaccessible for most of people in Canada's largest cities, observing it can take 280 months for an average family to save for a deposit in a place like Toronto. The CMHC predicted that average prices in 2023 will be from $743.000 to $831.100 and average prices in 2024 will range from $756.500 to $867.800.
Affordable housing are urgently needed, particularly for those experiencing or at risk of homelessness. Furthermore, the CMHC recognizes that modular housing could help to address some of the pressures of finding affordable housing. They provided $1.5 billion fund through the Rapid Housing Initiative to build 6.000 new affordable housing units by 2023. The North America modular construction market is anticipated to grow at a CAGR of 7.5% during 2022-2027 and Canada currently accounts for a 5.1% share in the global market. However, as we have seen there have been issues in delays in the supply chain process, raw materials and increasing shortages in skilled manpower have held the move towards modular construction.
Established in 2008, Brave is a technology company that delivers custom automated solutions. The company’s DNA was forged from a love of new technology and the courage to take risks. With a history of serving automotive manufacturers, our focus is empowering offsite construction clients to adopt automation. “think brave” is the ethos that drives us to seek out and solve our client’s most challenging business issues. Brave works with its partners to optimize its operations through the delivery of innovative turnkey solutions.
“Affordable Housing For All” is an NGO/NFP organization created to develop real world innovative actionable solutions for constructing truly affordable housing. We work together with individuals, families, and innovative companies to provide tangible – real world – solutions.
Together with people, builders, and governments alike we are pulling together the latest in innovative construction & manufacturing technology to build the, so desperately needed, new affordable housing stock quickly.
Established in 2033, Construction Links Network is Canada’s ONLY peer-to-peer digital content sharing platform for the construction, building, design community.
LIST OF SPEAKERS
City of Ottawa
RCM Modular Solutions Group
David Warne, OAA
Skyhook Modular Architects
Chief Executive Offcer
VEGO Building Systems
Brave Control Solutions Inc
Strategic Sales Director, Social & Affordable Housing Programs
NRB Modular Solutions, part of Dexterra Group
Enoch Tse, PhD, P.Eng.
Mana Moghadam, PhD, PMP®
Director of Operations
Freeport Industries Ltd.
The Modular Solution/
Rise Up Modular
Timanaska Development Corp
Brian J Hall
Manager of Conservation
and Sustainability Ottawa Community Housing Corporation (OCH)
Eisa Lee, OAA
Modular Building ConsultantCion/NORR
Senior Director of
President & CEO
NexGen Wood Protection
Inventor in Residence, Feature Walters