Gradually, entire cities are becoming unaffordable for working families A new report from the Canada Mortgage and Housing Corporation (CMHC) shows that rents are skyrocketing in many, if not most, Canadian cities. No surprise there. But this year’s annual report also documents, for the first time, rent increases in vacant units. It shows rents going…
The program risks failing the people it claims to assist The federal government has launched a one-time $500 housing benefit for low-income tenants. Though a good initiative in times of high inflation, the program is fraught with problems. Unless these problems are fixed – which is doable – the program will fail the people it…