National Housing Report Card 2008 reveals government funding failures

National Housing Report Card 2008

On the eve of the first provincial-territorial housing ministers’ summit in almost two and one-half years, a new report card from the Wellesley Institute reveals that the federal government and eight of the thirteen provinces and territories have failed to meet the commitments for new housing funding that they made in November of 2001. The federal government promised to add $1 billion, but as of 2006, the national government had increased spending by only $234 million. The provincial and territorial governments promised to match the federal dollars with $1 billion of their own money, but by 2007, combined provincial and territorial housing spending was actually down by $210 million.

Prepared by Michael Shapcott, Director of Community Engagement, Wellesley Institute

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