Expect to wait at least 14 years for an affordable 1-bedroom in Toronto, 6 years in Montreal
A fence surrounds the vacant lot of the former Hippodrome racetrack on June 29. Montreal plans to develop the site into subsidized housing. But the wait list for an affordable apartment in the city is still more than six years.It's difficult to say.this week, there's no clear way to know exactly how long people are waiting for affordable places to live in Canada's biggest cities.— 14 years for a one-bedroom unit as of 2022.
There are others who are not well equipped to fill out the required applications, or may not know where to start, said Marie-Josée Houle, who was appointed as Canada's first-ever federal housing advocate last year. We speak with Charles Dowdall, the housing director for Prince Edward County and Brian Marks, the chief administrative officer with the Cochrane District Social Services Administration Board about what they're doing to increase the supply of affordable housing in their communities., run by the Canada Mortgage and Housing Corporation, which specifically encourages the development of affordable housing.
"Home ownership was what government policy was [built] around, and still is, to a large extent," said Penny Gurstein, co-director of the University of British Columbia's Housing Research Collaborative.
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