Affordable Housing

– Still does way too little for those most in need.  In a budget that really highlighted housing, it is disappointing that it contained relatively little for those who most need affordable homes.  The government’s major new initiative to build deeply affordable housing, supportive housing, and shelters is to make the Rapid Housing Initiative permanent. … Read more

 The Good, the Bad and the Provincial The details of all of the announcements Prime Minister Justin Trudeau has recently made will be in the federal budget being delivered on April 16. We don’t know when announced spending will start and how many years it will be spread over. That is particularly important since this … Read more

  Canada has long signed on to international agreements that make safe, secure, affordable housing a human right. And that right is now recognized in Canadian law. A recent article tackles what it means: https://maytree.com/publications/we-cant-let-myths-about-the-human-right-to-housing-hold-us-back/ 

  Investors are buying up a large share of recently built housing (in some cities, it’s a majority of the units), a significant factor in the soaring cost of home ownership, an interesting article in a just-launched new journal, Perspectives, argues. https://perspectivesjournal.ca/housing-investor-ownership-part-1/ 

Ontario budget has almost NOTHING NEW for affordable housing  Ontario’s 2024 budget dashed hopes for new housing investments. Released last week, the budget provides no new money for capital funding to build new non-profit housing. Nothing. There is new money for housing-related infrastructure and a bit of new money to operate supportive housing, some of … Read more