Government of Canada Announces First Ever National Housing Strategy

Date
4 December 2017
Source
CMHC

The federal government has unveiled their National Housing Strategy. This document will set forth the next generation of social housing policy for Canada and builds on the investments that were contained in the 2017 federal budget. Specifically, the strategy announced detailed plans to protect long term affordability for 385,000 low-income residents of community housing, including co-operatives. 

Learn more about Canada’s 10-year, $40-billion housing plan here.

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Capital Plans and Contributions

Comparing 2007 and 2020, we saw the median annual contributions per unit almost triple ($1,026 per unit to $3,052).