From crisis to solution: a national acquisition fund can help ease housing crisis

The Canadian Housing and Renewal Association, B.C.'s Rental Protection Fund, and the Co-operative Housing Federation of Canada propose a national acquisition fund to move rental homes into community ownership through non-profits and co-operatives, protecting their affordability forever.

Housing Minister Sean Fraser, pictured on the Hill on Feb. 27, 2024. If Prime Minister Justin Trudeau and Fraser truly want to help more people across Canada afford their homes, the upcoming federal budget must commit to a national acquisition fund, write the authors.The Hill Times photograph by Andrew Meade

Opinion

BY RAY SULLIVAN, JILL ATKEY, TIM ROSS, AND JOHN GORDON

March 27, 2024

Imagine a 75-year-old renter. She has rented the home she has been living in for the past 28 years. She chose to remain in her apartment because she is paying an affordable $895 per month in rent. She finally feels she can consider a carefully planned, very delayed retiremen...

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