Affordability is a key issue for the housing market in Canada with 25 per cent of householders spending nearly a third of their income on housing and 200,000 a year recorded as homeless.
Affordability is a key issue for the housing market in Canada with 25 per cent of householders spending nearly a third of their income on housing and 200,000 a year recorded as homeless. Writing in the Chronicle Herald Brad Woodside, president of The Federation of Canadian Municipalities, says that now is the time to fix the housing crisis. The Federation has created a forum for debate on housing and the economy bringing together non-profit, health, industry and private sectors to work towards affordable housing for everyone. They aim to give better opportunities for those at the bottom end of the ladder and create a smoother transition through the rental market and into property ownership. Read the full story.
