Blog by Andrew Peck

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Moving towards a National Housing Strategy

Moving towards a National Housing Strategy

The Canadian Real Estate Association and its member real estate boards and associations across Canada have long advocated for better access to affordable market and rental housing.

It was CREA who helped convince the federal government to bring in the Home Buyers' Plan (RRSPs for down payments) and CREA continues to ask the government to index the plan to the Consumer Price Index and to expand the plan.

CREA has also, for many years, lobbied the government to allow income property investors to defer the recapture of previously claimed depreciation (capital cost allowance) to facilitate reinvestment.

Recently, CREA and some member boards and associations participated in "Let's Talk Housing" consultations held by the federal government.

The government's goal was to gather information to help shape a national housing strategy.

After months of talking to housing experts like Realtors®, stakeholders, and Canadians across the country, the federal government has released a report summarizing consultations. 

What We Heard: Shaping Canada's National Housing Strategy, summarizes themes and ideas identified in consultations that could help address rental and market housing challenges and shape the future of housing in Canada.

Canadians' priorities for a national housing strategy include:

  • Affordability: housing must be affordable and meet their needs was the most important housing outcome to them.
  • Sustainability: housing needs to financially, socially and environmentally sustainable.
  • Inclusivity: housing that helps distinct groups such as homeless, seniors, newcomers, Indigenous peoples, persons with disabilities.

Who participated in "Let's talk housing?"

Online consultation

Results

Let's Talk Housing National Housing Strategy survey

6,351 completed surveys

Idea sharing platform

132 ideas submitted

Online written submission uploads

474 written submissions

Social media comments - #Let'sTalkHousing

1,905 ideas on social media

Targeted consultation

Results

Let's Talk Housing experts/stakeholder roundtables

22 roundtables

Focus groups with vulnerable people

21 focus groups

Public opinion research

8 focus groups

Townhalls

10 Townhall meetings

Meetings and forums with Indigenous people

15 meetings/forums

 

I fully support the development of a national housing strategy and look forward to its release sometime this year.

For information, please phone 1-800-668-2642.

Read the Real Estate Board of Greater Vancouver's Submission to the National Housing Strategy.

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