The federal government is investing $1.5 billion towards new co-operative housing through the Co-operative Housing Development Program.
In Canada, many households prefer homeownership because of the precarity of rental housing. The landlord-tenant relationship skews on the side of the landlord, leading to issues related to affordability, low maintenance standards, and security of tenure. The adjudicative body charged with overseeing and enforcing residential tenancy laws remains back-logged, such that it can take months- or even years- to deal with maintenance concerns, bad faith evictions and other issues. Continue reading “Federal government commits to largest investment in co-operative housing in decades”