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Carney’s $26B bet on prefab housing could be a gamechanger — but will everyone play along?

Prime Minister Mark Carney’s vow to double Canadian housing construction to 500,000 units a year would seem to be an ambitious enough goal.

But Carney’s housing plan is also an industrial strategy meant to kick-start a nascent factory-built housing industry and rejuvenate Canada’s ailing forest products sector.

With his $26 billion Build Canada Homes (BCH) agency, which goes into operation this fall, Ottawa hopes to increase production of innovative housing types including prefabricated, modular, panelized and mass timber housing.

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