this post was submitted on 12 Jul 2025
154 points (94.3% liked)

Canada

10125 readers
702 users here now

What's going on Canada?



Related Communities


🍁 Meta


🗺️ Provinces / Territories


🏙️ Cities / Local Communities

Sorted alphabetically by city name.


🏒 SportsHockey

Football (NFL): incomplete

Football (CFL): incomplete

Baseball

Basketball

Soccer


💻 Schools / Universities

Sorted by province, then by total full-time enrolment.


💵 Finance, Shopping, Sales


🗣️ Politics


🍁 Social / Culture


Rules

  1. Keep the original title when submitting an article. You can put your own commentary in the body of the post or in the comment section.

  2. Misinformation is not welcome here.

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca


founded 4 years ago
MODERATORS
 

Under Mark Carney's Liberal government, the CMHC has quietly redefined 'housing affordability' to no longer mean 30% of income, but "perhaps 40-45% ... [and] over 50% of income by 2035".

you are viewing a single comment's thread
view the rest of the comments
[–] Sunshine@lemmy.ca -2 points 2 days ago (1 children)
[–] whoisearth@lemmy.ca 5 points 1 day ago (1 children)

Carney does not run the CMHC. Your point may still be valid but in this context he did not make this decision.

[–] patatas@sh.itjust.works 1 points 1 day ago

To be fair, from what I can find, their board is appointed by the federal govt and they're absolutely going to take their cues from government policy.

If the Feds had released a budget with money and a plan for housing construction, or if they were forcing large corporate landlords to start selling, or any number of other possible things, then this report would look a lot different.