Lifting the fog of rental housing

Canadian policymakers need to focus on the real issues and create an economic environment to rapidly expand the supply of purpose-built rental apartments.

Housing Minister Ahmed Hussen arrives at West Block for the cabinet meeting on May 10. With a rental vacancy rate of only 3.1 per cent in 2021, increasing rental operating costs, and ambitious immigration targets, Canada has a difficult problem that remains unanswered, writes Michael Brooks. The Hill Times photograph by Andrew Meade

Opinion

BY MICHAEL BROOKS

May 16, 2022

On April 7, the government released its 2022 federal budget, with its first chapter outlining the strategy for “Making Housing More Affordable.” On May 5, the Canada Mortgage and Housing Corporation (CMHC) released its Housing Supply Report, and while positive on the resale housing market and no...

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