Ottawa provides $1.4-billion in deal with B.C. First Nation for 3,000 rental homes

The federal government is providing a $1.4-billion loan to a Vancouver First Nation to build 3,000 homes on land that was once an ancient village that was burned and expropriated a century ago.

The on-reserve residential and commercial development will be built at the head of Vancouver’s False Creek, land that was returned to the nation by the courts in 2003. When complete, the Senakw development with create 6,000 homes and the federal government has committed to finance the first two of four phases.

Rental means monthly payments are made to the owners of them. How much will Canadian citizens be getting for their investment.

A nation looks after itself. Stop supporting them.ĺll

A loan never to be paid back...

What's another 1.5b between freinds?

Kiss that Billion Bye Bye!!!

They’ll have messy front yards with old appliances in a month 🤣🤣🤣

$470k a home seems steep.

Why does Ottawa provide $1.4 billion when First Nations receive every year the Government of Canada making treaty annuity payments to status Indians who are entitled to them through registration to First Nations that signed specific historic treaties with the Crown? I’m confused

Anything to avoid addressing the economy.

Why are they rental homes? Still not allowing Indigenous on Reserves to own their own property and housing? The woke progressives are constantly acknowledging the land they built their mansions and universities on, why don't they at least get the land their Reserves are on.

Vote buying at it's best.....

FFS, this is so out of hand.

More wasted tax dollars,

Insanity! Rentals!? For that amount,it should be paid for! What kind of crap is this!?

Question..The article Says ' on reserve' So those who will live there will be living on a reserve? Rent will be indigenous & non indigenous.Are there certain tax exemptions for living on a reserve?

That'll fix their clean drinking water problem

I’m confused..are the houses for people living on a reserve or rental housing for everyone?

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