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In a CBC News story by Jon Hernandez, Thom Armstrong, the CEO of CHF BC called the measures "well-intended," but he raised alarm over the lack of a timeline, with dollars only starting to roll out in 2025.

He notes that "We’re in a housing crisis and is baffled as to why an economic recovery would have to wait until 2025-2026 to address what’s a burning crisis right now."

On June 16, 2023, BC Non-Profit Housing Association, the Co-operative Housing Federation of BC, and the Aboriginal Housing Management Association submitted our Budget 2024 consultation paper.

Taken together, our proposals will ensure that British Columbians have increased access to affordable housing and that their housing is affordable, safe, and in a livable state of repair.

Our Housing Central partners at the Aboriginal Housing Management Association (AHMA) are pleased to see significant investment in Affordable Housing and Homelessness across BC in the 2023 BC Budget. This investment is long overdue and needed as BC deals with a housing and homelessness crisis that disproportionately impacts Indigenous people and communities.

Investments will protect existing homes, accelerate funding for new affordable homes, and reduce the growing affordability gap for renters.

Our partners at CHF Canada have been hard at work advocating for investments to grow and support housing co-ops. Last week, they released recommendations for the upcoming 2023 Federal Budget.

Following the release of the federal budget there has been a flurry news coverage. Here is a selection of some of these articles… and more.

Housing affordability was at the forefront of big-ticket federal budget announcements last week, and CHF BC is pleased to see Ottawa’s focus on an issue affecting the lives of millions of Canadians so directly.

The biggest omission in the budget is the lack of any attention to the loss of affordable homes from the existing rental market.