The shortage of housing continues to remain a major focus of the Alberta government. Alberta is leading Canada in housing starts for 2025, with 11,470 new home builds from January to March, booming ahead of other provinces.
Alberta’s government continues to support builders and encourage new residential housing construction by cutting red tape, incentivizing housing construction, and supporting innovative strategies to build homes faster than ever. By taking action to help increase the housing supply, Alberta’s government is driving down costs and helping address the shortage of housing as more people call Alberta home.
To address homebuilding hurdles, Alberta’s government has updated the provincial building code and established a construction code working group in November. The province is also attracting investment by ensuring that Alberta continues to have the lowest overall taxes in Canada, with no provincial sales tax and the lowest corporate tax rate.
In addition, through Budget 2025, Alberta’s government is investing $1.2 billion into affordable housing over the next three years, which supports the construction of more than 6,300 new affordable housing units. Since 2019, Alberta’s government has invested almost $851 million to build nearly 5,300 affordable housing units and close to 900 shelter spaces. This includes projects the government has committed to that are in progress and that are complete.
Together with its partners, Alberta’s government is supporting $9 billion in investments into affordable housing to support 25,000 additional low-income households by 2031.
A new report from ATB Financial reveals Alberta’s tech revolution, showcasing a sector that added $13 billion to the province’s GDP in 2023, with massive employment growth and soaring venture capital last year. Calgary and Edmonton rank among North America’s top tech talent hubs, driving innovation in AgriTech, FinTech, HealthTech, and more—proving Alberta’s entrepreneurial spirit is transforming it into a global tech powerhouse.
Have a wonderful summer!
MLA – Calgary West Mike Ellis proudly serves the following Communities: Aspen Estates, Aspen Woods, Christie Park, Discovery Ridge, Signal Hill, Springbank Hill, Strathcona
