Canada’s housing debate has increasingly focused on supply, affordability, and the federal government’s role in addressing long-term shortages. In December 2025, the Parliamentary Budget Officer (PBO) released an independent assessment of Build Canada Homes (BCH) and the future of federal housing programs under Budget 2025. The report provides a clear, data-driven picture of what the new agency can deliver — and what it cannot.
This article highlights the key factual findings.
Federal Housing Spending Is Projected to Decline
Despite the creation of Build Canada Homes, the PBO projects...

