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.

Tip of the Month

Infectious Arrears

In co-ops where board members are behind on their housing charges, the amount all members owe is almost four times higher than in co-ops where board members pay on time. This number speaks for itself.