housing affordability

Foreign nationals and companies will be banned from buying residential properties in Canada for an additional two years, the federal finance minister said on Sunday, the latest in a raft of measures aimed at addressing housing affordability concerns that have dogged the governing Liberals for months.

Experts spanning from Bay Street to academic institutions have warned that Canada's strong population growth is eroding housing affordability, as demand outpaces supply. 

Almost two in three Canadians have a negative impression of Prime Minister Justin Trudeau and half want him to resign before the next election, a new survey suggests.

New York City just introduced regulations that will cut Airbnb and Vrbo down to size, and help its beleaguered renters in the process. Canadian cities should consider doing the same — and the federal government should help.

Ontario's new housing minister says the government has "fully implemented" 21 of its housing affordability task force's recommendations, but his office won't say which ones.

Climate protesters say a Toronto landlord is “greenwashing” rent increases and carrying out green retrofitting practices that displace long-term tenants.

British Columbia's New Democrat government says it plans to put this year's projected budget surplus of almost $6 billion to work helping families and businesses as an economic slowdown looms and extra dollars are expected to dry up.

The federal government has set aside billions of dollars to quickly build affordable housing across the country, but delays in construction suggest many of the projects approved for funding are missing their deadlines.

Premier Jason Kenney kicked off a campaign to lure skilled workers from Toronto and Vancouver as he doubled down on his criticism of a so-called Alberta sovereignty act pitched by one of the candidates running to replace him.

With the cost of living rising at the fastest pace in decades, Canadians struggling to put food on the table are turning to community organizations for help.

Ann says she would like to move but simply can’t afford it. A comparable apartment would cost nearly $1,000 more per month than she pays now, and her rent would exceed her fixed income. As it is, Ann spends nearly half her income on housing.

The rising cost of housing in Ontario hit renters and wannabe homebuyers harder in the first two years of the pandemic than in any similar time frame in recent Canadian history, a new report says.

Measures in the recently tabled federal budget will help Canadians weather higher interest rates, Prime Minister Justin Trudeau said on Wednesday, April 13, 2022, as he acknowledged there are no easy solutions to the country's housing affordability crisis.

Advocates say while the focus on housing affordability in the federal budget is promising, its measures could go further to help people in the most dire need.

An annual surtax on houses valued over $1 million could help reduce housing inequality and cool housing markets, a report says.