Federal Electoral Ridings in Ontario, British Columbia Hardest Hit by Canada's Rental Housing Affordability Crisis

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Federal Electoral Ridings in Ontario, British Columbia Hardest Hit by Canada's Rental Housing Affordability Crisis

Canada NewsWire

Data Paints Troubling Picture Across Key Electoral Districts and Demographic Groups Ahead of October Election Demonstrating Need for Immediate Action

TORONTO, Sept. 17, 2019 /CNW/ - As voters prepare to go to the polls, data from the Canadian Rental Housing Index finds Canada's worsening rental housing affordability crisis is impacting Ontario and British Columbia electoral districts the hardest followed by Quebec, Nova Scotia, and Manitoba.

Out of the top 20 federal ridings with the worst affordability challenges, the index finds 11 of them are in Ontario while six are in British Columbia. Willowdale, in Toronto, takes the title as the federal riding with the highest proportion of renter households dealing with a crisis level of spending on rent. In that riding, nearly two-thirds (59 per cent) of all renter households spend 30 per cent or more of their income on housing, while 39 per cent allocate half or more. Neighbouring GTA ridings of Thornhill and Richmond Hill are not much better, placing second and third most unaffordable in the country. In B.C., the ridings of Vancouver Quadra and Richmond Centre are the most unaffordable in that province, as well as being among the top 10 most unaffordable ridings in Canada. Winnipeg South, Halifax, and Ville-Marie—Le Sud-Ouest—Ile-des-Soeurs in Quebec round out the top 20.

The information comes from the 2019 Canadian Rental Housing Index, a comprehensive database of rental housing statistics released today by a national partnership of housing associations, credit unions, and municipal associations. The Index uses data from the 2016 long-form census, and examines rental housing affordability and overcrowding of various demographic groups for over 800 municipalities and regions across Canada, as well as all 338 federal electoral districts.

"These numbers clearly demonstrate why Canadians and housing advocates have been calling on our political leaders to take more immediate action to address the affordability challenges impacting so many families and individuals across the country," said Jill Atkey, CEO of BC Non-Profit Housing Association. "Whichever party forms the next government will need to increase the investments into the National Housing Strategy in order to achieve its goals before this crisis gets even worse."

The 2019 Index is also putting a face to those most impacted by these affordability challenges such as single mothers, Indigenous renter households, new immigrants, Canadians under the age of 30, and seniors, who are all facing higher levels of overspending on rental housing than the Canadian average.

The data show that half (50 per cent) of single-mother renter households in Canada are spending over the recommended affordability benchmark of 30 per cent of income, while almost one in four (22 per cent) are in a crisis level of spending. British Columbia and Saskatchewan are the hardest hit, with 64 per cent and 61 per cent of single mother-renter households spending over the affordability benchmark, respectively.

Another troubling indicator in the 2019 Canadian Rental Housing Index shows higher proportions of overspending and overcrowding among Indigenous-led renter households. For instance, in Saskatoon, 54 per cent of Indigenous renter households spend over the affordability benchmark, compared to 42 percent for non-Indigenous renter households, while in Nunavut, 43 per cent of Indigenous-led renter households are in an overcrowding situation compared to just 6 per cent reported by non-Indigenous renter households.

"The data released today confirms what we have been telling our government for years – that Indigenous families and individuals are disproportionately struggling to pay the rent. This comes at a time when the federal government is planning to decrease investment in Urban and Rural Indigenous Housing. Whoever forms the next government needs to fix this inequity," said Margaret Pfoh, CEO of the Aboriginal Housing Management Association.

The data also shows that of the nearly quarter-million immigrant renter households that landed in Canada between 2011-2016, nearly one-quarter (24 per cent) are at a crisis level of spending, and one in three are overcrowded, which is more than triple the Canadian average.

"The data clearly demonstrates that our political leaders have not been able to find or implement meaningful solutions to the affordable housing crisis, and Ontario now has the dubious honour of being harder hit than anywhere else in the country," said Marlene Coffey, Executive Director of the Ontario Non-Profit Housing Association.

Other key findings of the 2019 index show that renters under the age of 30 and seniors are more likely to live in unaffordable conditions. Nearly one-quarter (23 per cent) of young renter households are at a crisis level of spending, and over half (50 per cent) of senior-led renter households spend over the recommended benchmark of 30 per cent.

"For a long time, the conversation around rental housing affordability in Canada has focused on the population as a whole, but the numbers clearly show several key, vulnerable groups are bearing the brunt of this crisis," said Jeff Morrison, Executive Director of the Canadian Housing and Renewal Association. "We very much hope that those seeking office in this election and Canadian voters will use this opportunity to push for more immediate and substantial action on this critical issue."

To learn more about the Index, please visit www.rentalhousingindex.ca

Download the media backgrounder, FAQ, 2019 CRHI infographic, and see video stories of struggling renters for additional information.

ABOUT THE PARTNERSHIP
The Canadian Rental Housing Index was developed by BC Non-Profit Housing Association and Vancity Credit Union, in partnership with the Ontario Non-Profit Housing Association, Real Estate Foundation of BC, the Aboriginal Housing Management Association, Alberta Real Estate Foundation, Federation of Canadian Municipalities, Canadian Housing and Renewal Association, Generation Squeeze, Co-op Housing Federation of BC, Co-op Housing Federation of Canada, Alberta Network of Public Housing Agencies, LandlordBC, New Brunswick Non-Profit Housing Association, Yukon Anti-Poverty Coalition, and Réseau Québécois des OSBL d'habitation.

SOURCE Canadian Rental Housing Index

View original content: http://www.newswire.ca/en/releases/archive/September2019/17/c0754.html

Copyright CNW Group 2019

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).