We welcome you to an upcoming webinar focusing on the current landscape of Canada's housing market and the potential opportunities awaiting low-carbon construction companies in Finland.
The webinar is produced by Business Finland’s low carbon built environment export campaign and is is tailored specifically for Finnish companies specializing in offering export solutions designed to decarbonize the built environment.
The webinar is based on a recent market study and the following topics will be covered:
- Green Building Strategy
- Federal housing budget
- Canada Mortgage and Housing Corporation
- The most important housing programs
- Province housing policies and housing data from
- Ontario, Quebec, Alberta, and British Columbia
- Census metropolitan area prognoses from Toronto,
- Montreal, Vancouver, Calgary, Edmonton, and Ottawa
Why Canada
Canada is facing a housing crisis due to increased immigration. An active federal housing policy has been implemented since 2017, and the housing budget has further increased since 2023-2024. Meanwhile, Canada has similar greenhouse gas reduction goals to many other countries, and the goal is to reduce emissions of new construction and make sustainable retrofits for old construction. In 2020, Canadian buildings had 90% higher average GHG emissions than Europe and 20% higher average GHG emissions than the USA. The federal government's goal is to reduce GHG emissions, and its housing policy includes loans, rebates, subsidies, energy-efficiency programs, etc. Energy efficiency is the most significant focus area for GHGs.
Currently, Canadians spend upwards of $80 billion annually on building renovations, and the study identified which Canadian housing policies support sustainable goals and what the main characteristics of Canadian housing are.
