Affordable Housing

Sacajawea Non-Profit Housing will celebrate the start of its next project, Thursday June 25, at 11 a.m., just up the street from the church at 95 Dundurn South.  This attractively-designed five-storey building will house about 30 Indigenous students attending either McMaster or Mohawk, with flexibility to suit students who are, for instance, married or have … Read more

Wealth concentration increased in Canada between 1999 and 2023. In Ontario, the top 0.01 per cent of families had an average of $546 million in wealth, while the bottom half of the population averaged just $137,000, according to a new report from Canadians for Tax Fairness. https://www.taxfairness.ca/en/civicrm/mailing/view?id=1112&reset=1 Even a small tax on the wealth of … Read more

Canadian point-in-time counts show that, on average, 26 per cent of people experiencing homelessness are over 50, double the percentage in 2009. A University of Toronto analysis reported that 32 per cent of people using shelters are now over 50. Given how much homelessness ages people, anyone who is experiencing homelessness and over 50 is … Read more

A very insightful article from a research partnership based in the University of Toronto argues that joint federal and Ontario government tax breaks and development charge reductions are a gift to the kinds of investors who created much of our crisis of unaffordable housing. Through measures announced this spring, over $5 billion in private tax … Read more

Tenants gained nothing, while the richest Canadians made huge gains. Federal policies that promoted real estate investment—and in emergencies, drove down interest rates—had a huge impact on pushing up the cost of buying a home since 1999. A recently published study showed that: The value of real estate wealth escalated faster than other forms of wealth, … Read more