Unlocking the Door to Homeownership
Discussing Housing Affordability in Canada
Canada’s housing affordability challenges cannot be solved by focusing on just one part of the system. Canada’s last National Housing Strategy focused almost exclusively on non-market social and subsidized housing—as the time comes to update the strategy, it is critical that the full continuum be addressed, with permanent policy measures to do so.
The federal government should support homeownership affordability in the 2026 Spring Economic Update by building on recent announcements to cut taxes on new housing.
Over the last five weeks, housing affordability has been top of mind for Canadians, and for politicians. All four major parties have included measures to address housing affordability in their platforms. A national debate on housing took place on October 6, 2019, and there has been a steady stream of media articles talking about the…