Housing Need Stable in Canada, 1.7 Million Canadian Households Affected

Date

22 November 2017

Source

CMHC

Canada Mortgage and Housing Corporation (CMHC) 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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Infectious Arrears

In co-ops where board members are behind on their housing charges, the amount all members owe is almost four times higher than in co-ops where board members pay on time. This number speaks for itself.

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