Housing unaffordability still rising despite billions in government measures: PBO

Kuntal Khasnobish
Wednesday, January 15, 2025
Housing unaffordability still rising despite billions in government measures: PBO

The report says 2.4 million Canadian households are now in “core housing need” -- 662,000 more than when Canada launched its national housing strategy in 2017.

The national housing strategy aims to pull 580,000 households out of core housing need, or reduce their need, by 2028. But the PBO’s latest projections say the government is nowhere near reaching that goal.

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