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The Carney government, through the CMHC, has quietly redefined "affordable housing" to no longer mean 30% of income, but "perhaps 40-45% ... [and] over 50% of income by 2035" (www.reic.ca)

submitted 1 day ago by patatas@sh.itjust.works to c/canada@lemmy.ml

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cross-posted from: https://sh.itjust.works/post/42034728

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[-] patatas@sh.itjust.works 5 points 1 day ago

I was eventually able to find the original report. PDF can be downloaded from this page:

https://www.cmhc-schl.gc.ca/professionals/housing-markets-data-and-research/housing-research/research-reports/accelerate-supply/canadas-housing-supply-shortages-a-new-framework

this post was submitted on 12 Jul 2025

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