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Feds blowing $60M on housing in Nunavut

State Media: 'New federal funding for housing in Nunavut will help the territorial government build $60 million worth of homes and infrastructure, says Northern Affairs Minister Dan Vandal.

'Vandal announced the funding Wednesday in Iqaluit, alongside Nunavut Premier P.J. Akeeagok, Iqaluit Mayor Kenny Bell, and Nunavut Tunngavik Inc. president Aluki Kotierk.

He described the funds as a "down payment" for the housing and infrastructure needs in the territory. Details of how the funding will be used were not provided, but the money will go to the Government of Nunavut to be used for its most pressing needs.

'The funding is part of the federal government's 2022 budget, of which housing affordability has been a main theme.'

Nunavut is an over-subsidized blackhole for tax dollars raised entirely elsewhere.

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