Housing Need Stable in Canada, 1.7 Million Canadian Households Affected

Date
22 November 2017
Source
CMHC

Canada Mortgage and Housing Corporation and Statistics Canada, are releasing the core housing need figures from the 2016 Census. In 2016, the rate of core housing need in Canada stood at 12.7%, representing 1.7M households. This new data indicates the proportion of Canadian households in housing need has remained stable since 2006.

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Capital Reserve Contribution

Half of Agency clients have more than doubled their contributions to their capital-replacement-reserves since 2007. For 38%, per-unit contributions are up by more than $1,000 a year.