Affordable Housing

35 Years On

The housing crisis in Toronto brings into stark relief a fundamental quandary. As house prices skyrocket, we have hit a new low with news that, after years of neglect, 1,000 social housing units will...
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Canada's Real Estate Must Be About People, Not Speculators

When people's incomes are locked into making mortgage payments or rent, small businesses and local economies suffer. High mortgages mean little flexibility, and not much left over for other life purchases. The consequence: big chunks of cash flow to Bay Street instead of Main Street. There is no question that the province needs to take action now to combat speculation, increase supply and decrease demand.
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Highs And Lows Of The 2017 B.C. Budget

If last year's provincial budget could be described as "petty" after Finance Minister Mike de Jong doled out an increase in assistance rates for those living with disabilities -- only to claw most of it back by ending the subsidized bus pass program -- this year's budget could best be described as "petulant."
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Poverty Is The Expensive Root Of Many Illnesses In Canada

But the biggest barrier to ending poverty is the political orthodoxy we have lived by for the past 40 or more years, grounded in austerity: That good government is small government, that social programs must shrink and that taxes are evil. It is over this period that we have seen the most dramatic rise in poverty rates and income inequality, with a concentration of wealth in the top 1 per cent. It's time for a rethink.
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Solving Canada's National Housing Crisis Begins At Home

According to the Canada Mortgage and Housing Corporation, 12.5 per cent of all Canadian households experience an affordability crisis every day. Let me be clear -- this crisis is not limited to the real estate markets in Toronto and Vancouver. It is endemic and disproportionally affects low income working families, seniors, Indigenous people and recent immigrants. This is a large segment of our population that continually struggles to pay for the necessities of life.