Ottawa wants to get banks, pension funds involved in affordable housing: minister

Global: Robertson said his quest to fill the affordable housing gap won’t necessarily mean Ottawa is bankrolling those efforts alone.

He specifically mentioned Canadian banks and the country’s pension funds as pools of capital he’d like to see deployed for affordable housing.

“My hope is that we can attract capital by dramatically reducing the risk with affordable housing projects,” he said. “The federal government, in partnership with other levels and investors, can de-risk affordable housing and make it a long-term stable investment for Canadian capital.”…