A year ago, Mark Carney was a member of the Task Force for Housing & Climate that endorsed a really excellent goal—to “cut the number of households spending more than 30 per cent of their income on shelter costs to zero by 2031.”
The blueprint notes that the 2021 Census found more than 3 million Canadian households were in unaffordable housing. To get that figure to zero, the report says all three levels of government need to work with homebuilders, not-for-profits and financial institutions, and use government owned-land, to “facilitate the acquisition or construction of 2.3 million non-market and below-market homes by 2030.” The blueprint contained 140 actions to do that while also reducing carbon emissions and increasing the climate resiliency of the resulting homes and neighbourhoods.
That goal was spelled out in the task force’s March 2024 Blueprint for More and Better Housing. “Better” means affordable, low-cardon and climate resilient.
You can read the report here: https://housingandclimate.ca/blueprint/