Canada needs to treat affordable housing as something that should be universally available, akin to health care, according to a new report to the federal government that calls for preserving lower-cost apartments, building more of them and better supporting renters.
The report was released Wednesday by a review panel of the National Housing Council, which was appointed by and provides advice to Sean Fraser, the Minister of Housing, Infrastructure and Communities.
It argues that a shift has taken place in Canada as housing was “targeted as an asset class – a vehicle for wealth and investment.” At the same time, Canada lagged far behind its Organization for Economic Co-operation
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