A home is the major cost of living faced by most Canadians, and this cost is spiraling upwards. Even a global pandemic hasn’t been enough to slow these rising home prices!
Hard work is no longer enough to allow many Canadians to access a home, as the gap between housing prices and local earnings is becoming an unbridgeable chasm. Housing is a key source of inequality in Canada today, between young and old, renter and owner, and more.
To break Canada’s addiction to high and rising home values, we’re calling on political leaders from all parties and all levels of government to commit to this principle to guide all housing action:
To restore affordability for all, we need home prices to stall, so earnings can catch up
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