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Thereâs an awkward problem in Canadaâs affordable housing strategy.
Even as it builds more units, the number of homes available at a price the working poor can afford keeps shrinking.
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Try refreshing your browser, or Elise Stolte: Housing for all efforts âgoing backward very, very quickly in face of mounting private pressure Back to video
In fact, say researchers, if trends in the market continue as expected, Canada is losing four units in the private market for every one publicly subsidized unit the federal government helps build. They fear the pandemic is only making that worse, that instability in the market has sped up consolidation, increasing the reach of the large investment trusts behind this trend.
Elise Stolte: Housing for all efforts going backward very, very quickly in face of mounting private pressure calgaryherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from calgaryherald.com Daily Mail and Mail on Sunday newspapers.
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VICTORIA, BC, May 14, 2021 /CNW/ - Every Canadian deserves a safe and affordable place to call home. The COVID-19 crisis has made it clear that affordable housing is key to Canada s recovery for communities across the country, including those in British Columbia.
Today, Adam Vaughan, Parliamentary Secretary to the Honourable Ahmed Hussen, Minister of Families, Children and Social Development and Minister responsible for Canada Mortgage and Housing Corporation (CMHC), and Randeep Sarai, Member of Parliament for Surrey Centre, announced details of an approximately $6.92 million investment through the Projects Stream of the Rapid Housing Initiative (RHI) for the immediate construction of 19 units of affordable homes for First Nations in British Columbia.
/CNW/ - Every Canadian deserves a safe and affordable place to call home. The COVID-19 crisis has made it clear that affordable housing is key to Canada s.
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TORONTO, May 13, 2021 /CNW/ - Every Canadian deserves a safe and affordable place to call home. The COVID-19 crisis has made it clear that affordable housing is key to Canada s recovery for regions across the country, including right here in Toronto.
Today, the Honourable Ahmed Hussen, Minister of Families, Children and Social Development and Minister responsible for Canada Mortgage and Housing Corporation (CMHC), alongside Kirsty Duncan, Member of Parliament for Etobicoke North, John Tory, Mayor of Toronto, and Ana Bailão, Deputy Mayor of Toronto, announced details of an approximately $30.5 million investment through the Major Cities Stream of the Rapid Housing Initiative (RHI) for the immediate construction of approximately 113 affordable homes.