That has to do with the funding formulas that are provided. In the largest co-op program, the section 95 program, which delivered 40,000 units, its subsidy declines over time as interest rates have declined.
Executive Director, National Office, Co-operative Housing Federation of Canada
That has to do with the funding formulas that are provided. In the largest co-op program, the section 95 program, which delivered 40,000 units, its subsidy declines over time as interest rates have declined.
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