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The federal government has announced bold initiatives that signal a desire to make transformative change in housing. Chief among them is the promise to “get back in the business of building homes” through a new entity: Build Canada Homes (BCH). Envisioned as the federal vehicle for scaling affordable homebuilding, BCH’s mandate is twofold: build housing at scale, and build faster, better, and smarter. Yet here lies the paradox: these urgent goals are unlikely to be achieved through reliance on new construction.