The Carney government, through the CMHC, has quietly redefined "affordable housing" to no longer mean 30% of income, but "perhaps 40-45% ... [and] over 50% of income by 2035"
leastaction @ leastaction @lemmy.ca Posts 0Comments 7Joined 3 wk. ago
leastaction @ leastaction @lemmy.ca
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CMHC is not run by the Prime Minister or the cabinet. It is a Crown Corporation governed by a Board of Directors. Mr. Carney has not "redefined affordable housing". https://www.cmhc-schl.gc.ca/about-us/management-and-governance/board-of-directors-and-its-committees