These are pernicious drivers of Canada’s housing crisis
This housing crisis is a very real thing
A row of houses near College and Bathurst Streets in Toronto on July 26, 2022. (Photo by CanadaInfo.net)
Ron Butler, Butler Mortgage Inc.
This housing crisis that is obvious to anybody who lives in Canada is a very real thing. It’s difficult and it’s complex, but in essence, the simple part is that the prices of houses are too high in Canada and rents are becoming unmanageable.
As we move in that direction, we must find solutions. The solutions have to be found for the next generations, for the people of the future who want to own homes and are finding it effectively impossible.
Watch the full speech below:
(Testimony at Meeting No. 110 FINA, Standing Committee on Finance, Canada’s House of Commons on 6 November 2023.)
Source: OurCommons.ca
