A new report by Canada Mortgage and Housing Corp. says government alone can’t solve the country’s housing challenges.
The report by CMHC deputy chief economist Aled ab Iorwerth says the scale of the problem is so large that the private sector must be involved.
The national housing agency says rent subsidies and more social housing are helpful, but more needs to be done.
OBJ360 (Sponsored)
Giving Guide: Perley Health Foundation
What we do Perley Health is a place where over 600 seniors and veterans live and thrive, whether they are in independent living or long-term care. We are dedicated to
Giving Guide: The Ottawa Mission
What we do The Ottawa Mission is our city’s oldest and largest emergency shelter. Since 1906, we have been at the forefront of caring for people who are homeless and
It says there must also be increased supply of housing aimed at the market.
Home prices have eased this year as the real estate market has cooled, but they are coming off record levels earlier in the pandemic.
The report says the imperative of increasing housing supply will be even greater as Canada seeks to attract more immigrants.
