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Corey Hogan: Calgary housing update includes $6B workforce growth and $7B in low-cost loans

Corey Hogan: Calgary housing update includes $6B workforce growth and $7B in low-cost loans
Calgary housing to receive major funding boost

Corey Hogan met with several Calgary-based housing organizations, including Norfolk Housing, The Alex, Calgary Housing, Onward Homes, and CUPS, to discuss opportunities for building more homes in the city.

Hogan indicated that $6 billion will be allocated to grow the skilled trades workforce, while more than $7 billion in low-cost loans will support up to 16,500 new rental units.

Hogan has previously highlighted that Canada draws more foreign investment per capita than any other G7 nation, reaching an 18-year high. He also reported record oil and gas production and new investment activity. Analysts suggested more growth ahead for the sector.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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