Canadian Mortgage and Housing Corporation leaving GNWT out to dry

Yellowknife, NWT – If the Government of the Northwest Territories is to provide more public housing, its federal counterpart will need to step up.

That’s according to Robert C. McLeod, the minister responsible for housing in the NWT.

He was speaking after it was learned that Northern Properties, Yellowknife’s largest residential landlord, barred people on income support from renting with them.

McLeod says the Feds, and the Canada Mortgage and Housing Corporation in particular, need to do more.

“We’re looking to see how we can get more units on the ground but we’re challenged with the funding from CMHC declining every year so it’s becoming more difficult for us to put up new public housing. We’re putting up a lot of replacement public housing because the O&M money that we receive from CMHC is declining every year.”

McLeod says the territorial government can’t control what the private market will do, but adds public housing remains  an issue in most parts of the NWT.

Northern Properties, which owns nearly 75% of the residential rental properties in Yellowknife, reportedly says it lost $250,000 in revenue due to unpaid rent last year.

CJCD Mix 100 News

Mike Gibbins
Mike Gibbins
Hello and thank you for listening to 100.1 Moose FM! To contact me, you can email me, find me on Twitter or call (867) 920-4663.

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Festival de poésie arctique brings “Seeds of Magic” to the Taiga in Yellowknife

Francophonie month is ushering in April with a much-anticipated poetic trail, as Festival de poésie arctique Mots dans la taïga at École Allain St-Cyr returns to Yellowknife. “We tried to put some seeds of magic in the Taiga,” says André Beaupré.

Tłı̨chǫ Government announces Giant Minds Scholarship Program

The Tłı̨chǫ Government has announced the creation of the Tłı̨chǫ Giant Minds Scholarship Program.

Premier R.J. Simpson speaks on Trans Day of Visibility

Premier R.J. Simpson spoke today in celebration of this year’s Trans Day of Visibility. 

The next supreme court judge could come from the North

A new representative from Northern and Western Canada is poised to become the next member of Canada’s highest court. The process to select the next judge of the Supreme Court of Canada has begun as Justice Sheilah L. Martin prepares for retirement.

Pan-territorial family violence resources and training site launched

The NWT Shelter Network, a circle of grassroots advocates and local leaders, has just launched a pan territorial family violence resources and training hub. The network is made up of leaders from each of the five family violence shelters in the territory. The NWT Shelter Network is part of the Pan-territorial Shelter Network that includes shelters from the Yukon, Nunavut along with the N.W.T.