Posts Tagged ‘housing’

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What’s behind Canada’s housing crisis?

Wednesday, November 6th, 2024

Canada had a strong housing welfare system in the 1960s and 1970s, but this changed in 1993 when the federal government stopped funding social housing programs. It shifted toward a commodified system that emphasized individual responsibility… This shift was driven by two neoliberal beliefs. The first is that the private market is the most efficient way to provide housing… The second belief is that homeownership promotes autonomy and reduces reliance on governments by building property assets, although the reality defies this belief.

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The rise and fall of co-op housing in Ontario

Tuesday, November 5th, 2024

Toward the end of the last century, the construction of co-operative housing — and social housing more broadly — garnered substantial federal and provincial investments: thousands of co-operative units were built every year for a span of nearly three decades. But a nexus of political, economic, and social factors in the late 1990s ground the breakneck pace of construction to a crawl. Today, units in co-operative buildings are coveted by those looking for affordable-housing options in an increasingly unaffordable market.

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Toronto hospital to open permanent supportive housing apartments for homeless people

Monday, October 7th, 2024

A new housing project for those who live on the streets and frequently end up in the emergency room is set to welcome its first residents in Toronto this month, supported by one of the largest hospital networks in Canada… The hope is that the project will ease pressures on hospitals while also providing stable care for vulnerable individuals… [and] a playbook for other jurisdictions or other partnerships between every level of government, between hospital and community, to try to advance concrete solutions for people

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What’s behind Canada’s housing crisis? Experts break down the different factors at play

Friday, October 4th, 2024

The market is most likely to respond to the housing needs of those with strong purchasing power, leaving behind low and moderate income families whose housing needs cannot generate effective market demand. The consequence is growing housing inequality, with many low-income families trapped in precarious living conditions… De-commodifying and de-financializing housing is key. This means expanding community housing, prioritizing community-based solutions and ensuring long-term security for all.

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International Monetary Fund paints a rosy picture of Canada — maybe the country isn’t broken after all

Monday, June 17th, 2024

The IMF says Ottawa should seek additional revenue sources to reduce its reliance on deficit financing. It suggests raising the federal portion of the GST, as this space earlier advocated in also calling for a higher OAS eligibility age of 67… removing interprovincial trade barriers would boost the Canadian economy by about $80 billion a year… The IMF urges Canada to resume provision of social housing, a field Ottawa abandoned in the 1990s with disastrous consequences.

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Doug Ford has bungled affordable housing and now Ottawa is rubbing his nose in it

Tuesday, May 14th, 2024

The federal government now says it will send funding directly to municipalities, cutting Ontario out of the equation entirely… Why can the two levels of government come together to build subsidized factories, but not subsidized housing? … Ultimately, the friction over funding may have less to do with personalities than priorities. In Ford’s Ontario, unaffordable factories count for more than affordable housing.

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Debunking myths about community housing: What governments and the public should know

Thursday, May 9th, 2024

Canada’s Housing Plan… includes noteworthy new funding programs and policies to preserve and expand community housing, including social, non-profit and co-operative housing… Canada’s ongoing housing crisis extends beyond affordability and supply challenges. It also involves homelessness, risks to tenancy, shortage of accessible units, financialization and the lack of culturally adequate housing. Community housing is poised to effectively tackle these insidious problems in ways the market cannot.

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Liberal budget hits a home run on housing, but plays small ball on care economy

Wednesday, April 17th, 2024

Here are three ways federal small ball could deliver big results without big spends in the coming months: Child care Workforce Deals… with a focus on workforce attraction and retention… tracking trends in the investments occurring in our long-term care, child care and health-care sectors… examining ways of putting new guardrails on public funding… Care services such as child care, long-term care, medical or dental community clinics can be a built-in feature of new housing and infrastructure developments.

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Federal government goes big on housing—is it enough?

Wednesday, April 17th, 2024

2024 federal budget makes biggest investments in housing, care economy in generations with its second-to-last budget before an election… “This government has done more for housing than previous, more recent federal governments…” it will impose a higher tax on capital gains above $250,000 a year… “While the pharmacare program is still quite limited in scope… Combined with dental care, the confidence and supply agreement has driven major changes in the health care landscape in a very short period of time.”

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Protecting public health care from private investors

Wednesday, April 10th, 2024

In Canada, a single private equity firm already owns the largest national network of independent surgical centres — 53 operating rooms spread across 14 centres — in Quebec, Ontario, Manitoba, Saskatchewan, Alberta, and B.C… Approximately 90 per cent are publicly funded through partnerships with provincial health systems… Should profit-driven investors own health care facilities?

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