by Sarah Cooper
For most of the ’80s, at least 10 percent of the new housing built in Canada was affordable housing. After 1993, the number dropped to less than one percent. This means that very little housing that is affordable to lower income families is now being built in Canada.
Combined with increasing housing costs and the growing gap between upper income earners and lower and middle income earners, this is putting a serious crunch on housing.
It’s no wonder that over the last two decades, the number of homeless, hidden homeless, and precariously housed people in Canada has skyrocketed.
Thanks to Michael Shapcott (Wellesley Institute) for the original chart.