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Tag: housing crisis

Canadian Business Owner – Multicultural Entrepreneurs Business Community – Conversation

Thanks Rasheed, for the opportunity to share our affordable, tiny home community vision with your audience. The more we can get the word out, and help people to understand that our tiny home communities aren’t something to fear, they are just like any other, but smaller and more affordable. We feel our developments will also rekindle what has been lost in traditional housing, community. When the biggest room in your house is the outdoors, meeting and getting to know your neighbours is inevitable.

https://www.mebccanada.com/conversations.html

CMHC: Canada’s Housing Supply Shortage

June 23, 2022

CHMC releases Canada’s Housing Supply Shortage: Restoring affordability by 2030 report where they project housing needs to meet affordability by 2030.
Here is a summary of units needed by province/territory from the report:

Target level of affordability in 2030 Housing supply required
Ontario 37% 1.85 million
Quebec 32% 0.62 million
BC 44 % 0.57 million
Manitoba 30 % 0.26 million
Saskatchewan 30% 0.10 million
Newfoundland 30% 0.06 million
Nova Scotia 31% 0.05 million
Alberta 30% 0.02 million
New Brunswick 30%
P.E.I. 30%
Total 3.53 million

Here is the link to the full report: Link