In recent years, the Canadian government has ramped up efforts to combat the country’s housing crisis, with initiatives like the Housing Accelerator Fund (HAF) providing billions in subsidies to speed up home construction. The goal is simple: build more homes faster. With Canada needing to build at least 5.8 million new homes by 2030 to stabilize the market, these efforts are critical. However, not all companies are relying on government programs to deliver solutions.
At 42TECH Modular, we’ve chosen to forge our own path—producing homes faster than traditional builders, without leaning on subsidies or government assistance. Here's why and how we’re doing it.
What’s Behind the Housing Crisis?
The current housing shortage in Canada stems from a combination of factors:
Supply Chain Disruptions: The global pandemic caused severe disruptions in material supply, leading to delays and increased costs in construction. These challenges persist today as the industry works to recover.
2. Zoning and Red Tape: Municipal zoning regulations and slow permit approvals create roadblocks for new developments, especially in high-demand urban areas. The Housing Accelerator Fund aims to address this by incentivizing municipalities to cut red tape and allow for faster development. (News Release: Infrastructure and Communities Canada).
3. Labour Shortages: Canada’s construction sector has faced significant labour shortages, further slowing down traditional builds. Efforts to attract more skilled trades workers are underway, but it remains a major hurdle. (News Release: Backgrounder: Solving the housing crisis).
4. Market Demand: With increasing immigration, more people are entering the housing market, but supply isn’t keeping up. Additionally, existing home prices continue to climb, making it harder for many Canadians to find affordable homes. (News Release: Canada’s Housing Action Plan)
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42TECH Modular: Building Homes Faster, No Shortcuts Needed
While many companies are turning to government support, 42TECH is demonstrating that innovation and efficiency can be just as powerful as external funding. Here’s how:
Speed: Traditional homebuilders are often taking 12 to 18 months to complete a new build. By contrast, 42TECH’s modular homes can be built and delivered in under a year. Our homes are built in a factory-controlled environment, where the weather and other external factors don’t slow us down. At the same time, excavation is happening on-site, meaning our process runs parallel instead of sequential like traditional construction.
Quality Control: Building in a factory setting allows for superior quality control, as every component is assembled under strict oversight and precision. The final product is delivered and craned into place on-site, ensuring consistency in both quality and timing.
Scalability: Our modular construction process is inherently scalable, allowing us to respond more flexibly to demand. As Canada continues to face a growing population and increased housing needs, this ability to scale quickly will become even more important.
Doing It Our Way: Independent, Efficient, and Effective
While government programs like the Housing Accelerator Fund are important for helping some companies fast-track construction, we’ve chosen a different route. 42TECH has proven that it’s possible to deliver high-quality homes efficiently without relying on subsidies or grants. Our commitment to innovation and efficiency means that we’re not only producing homes faster but also delivering a product that is built to last.
We’re proud to be part of the solution to Canada’s housing crisis—and we’re doing it on our own terms.
Final Thoughts
As Canada faces increasing pressure to meet housing demands, 42TECH Modular is leading the way in delivering homes efficiently and at scale. Our approach shows that innovation, speed, and quality can come together to create lasting solutions—without needing external funding.
If you're curious to learn more about how we're changing the landscape of homebuilding, follow our journey or contact us today.