Homes for All: Social Housing in Toronto and Canada
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This presentation examines social housing and housing needs in Toronto and Canada. Michael Shapcott, Director of Housing and Innovation www.wellesleyinstitute.com Follow us on twiter @wellesleyWI
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Homes for All: Social Housing in Toronto and Canada
- 1. Homes for all: Social housing in Toronto and Canada Michael Shapcott The Wellesley Institute University of Toronto, March 2014
- 3. Devolution of social housing: ! • 1984 to 1993 - funding cuts to federal housing programs ! • 1993 - no new funding for new social housing ! • 1995 - Ontario suspends provincial housing programs ! • 1996 - feds start to download federal housing programs ! • 1998 - Ontario starts to download provincial housing programs ! • 1998 - National Housing Act amended - focus on commercialization of national housing agency
- 4. 0.50% 0.60% 0.70% 0.80% 0.90% 1.00% 1.10% 1.20% 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 Federal housing investments as a percentage of GDP) Government Revenues and Expenditures 2009
- 5. Federal housing investments (in millions) Canada Mortgage and Housing Corporation 2012 $1,500 $1,750 $2,000 $2,250 $2,500 $2,750 $3,000 $3,250 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
- 6. When the feds cut a dollar in housing investments… matching funds from provinces, territories, municipalities, community and business are lost
- 7. 450000 500000 550000 600000 650000 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 626,300 homes in 2007 492,500 homes in 2017 Loss of 133,800 homes 22% of entire stock Federally subsidized homes Canada Mortgage and Housing Corporation 2012
- 8. Advocacy successes, but fractured responses: ! • 2001 - Affordable Housing Framework Agreement ! • 2005 - Two-year affordable housing funding ! • 2009 - Federal stimulus program (two years of funding) ! • 2014 - four-year extension of housing funding
- 9. “After 20 years of continuous decline, both inequality and poverty rates have increased rapidly in the past 10 years, now reaching levels above the OECD average.” OECD (2008), Growing Unequal? : Income Distribution and Poverty in OECD Countries
- 10. ! National Survey on Housing: ! • 71% want national housing plan • 66% want increased fed funding • 73% want increased focus on homelessness