Canada's social housing demand rises 22% since 2018, RBC says

By Public Technologies
  • Canada should tie social housing affordability to properties rather than mortgages, with long-term operating support extending beyond loan repayment.
  • Federal investment of $13 billion targets at least 26,000 homes over five years through the Maisons Canada initiative.
  • More than 300,000 households need social housing, up 22% from 2018.
  • Some 45% of social housing built before 1980 is in fair or poor condition, highlighting mounting maintenance pressures.
  • A national building fund could redirect financially viable properties’ surpluses toward major repairs, supported by permanent operating subsidies for deeply affordable housing.


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