OTTAWA, ON – Co-operatives and Mutual Canada (CMC) warmly welcomes many of the commitments made in the 2022 Federal Budget. Notably, the largest investment in co-operative housing development for the first time in 30 years, has been the highlight of this budget’s iteration.
“We are very pleased that, through Budget 2022, the Government recognized the crucial role that co-operatives can play in addressing the housing crisis in Canada,” explains Hugues Bourgeois, Executive Director. “We congratulate the Co-operative Housing Federation of Canada and its allies for their advocacy and awareness efforts. They provide a solution that directly impacts the affordability of homes and the strength of communities.”
Although CMC recognizes the potential impact of certain measures, work still needs to be done to continue to advocate for the co-operative sector in Canada. In collaboration with its national membership and stakeholders, CMC will continue to promote a more co-operative economy. This includes continued awareness efforts and advocating for the removal of obstacles to accessing the business infrastructure of government.
About Co-operatives and Mutual Canada
Co-operatives and Mutuals Canada is the national/bilingual association that unites, promotes and supports the development of the co-operative economy. CMC does so by facilitating co-op development, advocating with governments and conducting research to improve public policy. CMC’s members are reflected throughout the Canadian economic landscape including in finance, insurance, agri-food and supply, wholesale and retail, housing, health, forestry, education, funeral services, public utilities and community development.
Daniel P. Brunette
Director, Strategic Alliances and Initiatives