Nathan Neudorf

Alberta and Build Canada Homes Partner in $385-Million Drive to Expand Affordable Housing

Alberta and Build Canada Homes Partner in $385-Million Drive to Expand Affordable Housing

Edmonton (Rajeev Sharma) — The Government of Alberta has joined forces with Build Canada Homes to deliver over $385 million in combined funding aimed at expanding below-market housing options throughout the province. The collaborative initiative will finance 21 development proposals this year, adding a minimum of 1,460 subsidized units designed to ease living cost pressures for lower-income households. Under the framework, the provincial administration has pledged upwards of $165 million through dedicated vehicles such as the Affordable Housing Partnership Program, while Build Canada Homes is injecting up to $220 million via a mixture of direct grants and low-interest loans. The…
Read More
Alberta’s Federal rules add electricity costs and increase unreliability

Alberta’s Federal rules add electricity costs and increase unreliability

Calgary (Rajeev Sharma): The Minister of Environment and Protected Areas Rebecca Schulz and Minister of Affordability and Utilities Nathan Neudorf issued a joint statement on a new analysis regarding federal electricity regulations. “For years, provinces, industry, experts and businesses urged the federal government to abandon their reckless and costly net-zero electricity regulations which became law last December. Now, the Alberta Electric System Operator (AESO) has released new analysis that confirms these federal regulations will put a massive $30-billion bill on Albertans. In addition, they will make our electricity grid 100 times less reliable and increase electricity prices by 35 per…
Read More