The Federal Government’s Role in Improving Housing Affordability in the Metro Vancouver Region: Report

Today the Greater Vancouver Board of Trade released a new report exploring how the federal government can help improve housing affordability and availability in our region.

The report, entitled More Homes, More Choices, makes several key recommendations to the Expert Panel on the Future of Housing Supply and Affordability, which was announced earlier this year by the provincial and federal governments.

“The lack of available and affordable housing is a persistent challenge facing the Greater Vancouver region. It affects the quality of life of residents and impacts many local businesses, who are finding it increasingly difficult to attract and retain skilled workers due to the high costs of housing,” said Evi Mustel, Vice-Chair of the Greater Vancouver Board of Trade.

“In recent years, much of the public debate on housing affordability in the Lower Mainland has focused on the actions of local and provincial governments. While the federal government’s National Housing Strategy makes meaningful strides, the Board of Trade believes the federal government can unlock more housing — especially rental housing — by using a broader set of tools within their toolkit.”

Click here to read the full report