Province plans to build 1.5 million homes over the next 10 years.

Halton Region is projected to have 1.1 million residents by the year 2050.

Housing Breaking News

Affordable Housing and Renting

Affordability has become a challenge for many living downtown Burlington

Research shows that in the last decade, Canada has been losing affordable rental units, those available to individuals making $30,000 a year or less, far faster than new ones are being built, and it's forcing some renters out of the homes and communities they know.

The public sector has not articulated plans for how to deal with the large number of renters affected. A key factor driving up rents is the shortage of supply and new units aren't being built fast enough.

If you're a sitting tenant, then the rental rates only go up by the costs of inflation. However, there is a significant increase when a unit turns over. You can imagine there is a tremendous incentive to remove that sitting tenant.

A report that came from Halton Regional staff, said that nearly 5,000 homes are sitting empty. The question then becomes, do we need a vacant home tax to give incentive for these owners to rent. This influx would assist with supply and perhaps stop rental rates from increasing.

When housing costs more than 30 per cent of a person's income, that housing is unaffordable, according to the federal government.