The average Canadian family paid 45.3 per cent of its income in taxes last year.
According to the province's housing task force, 1.5 million homes must be built over a decade to close the housing gap.
Homeowners generally have a stronger incentive to maintain their residence than renters.
Zoning rules have frustrated the city’s goal of increasing housing supply.
From 2016 to 2021, more than one-quarter of city neighbourhoods lost more housing units than they added.
Among Canada’s largest metropolitan areas, the three with the fewest housing units per 1,000 were in Ontario.
Insufficient supply relative to demand means fewer homes available to renters and buyers alike.
Toronto had 360 housing units per 1,000 residents in 2020, well below the national average of 424.
A recent report showed that Canada has fewer housing units per capita than any other G7 country.
The federal government recently committed $1.37 billion to two major rapid transit projects in Metro Vancouver.