Budget offers ‘underwhelming’ response to worsening housing crisis, say advocates

Stakeholders say greater targeted supports for the most-vulnerable Canadians and an increased share of co-op and non-profit housing are needed to meet the 'gravity of the affordable rental housing crisis.'

Finance Minister Chrystia Freeland has defended the lack of new funding for affordable housing in the 2023 federal budget, pointing to the billions of dollars announced in the previous budget, including the Urban, Rural, and Northern Indigenous Housing Strategy, and the Housing Accelerator Fund.The Hill Times photograph by Andrew Meade

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BY STUART BENSON

April 5, 2023

Despite acknowledging that Canada’s lack of affordable housing is “undermining the financial stability of an entire generation,” the federal government may not fully comprehend the “gravity of the crisis,” according to the head of the Canadian Housing and Renewal A...

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