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Human Resources committee  They would quite potentially, yes. What we actually called for in our last pre-budget submission was just a modest start of a $300-million earmarked new supply program to provide financing for capital, but also grants to address the equity gap.

June 8th, 2020Committee meeting

Timothy Ross

Human Resources committee  I'm sorry, which program are you referring to? Are you referring to a provincial—

June 8th, 2020Committee meeting

Timothy Ross

Human Resources committee  I'm not sure if the current provincial government decided to continue with that program or not. We'd be happy to speak with Minister Clark and his team about new supply of co-op housing. In fact, we do quite often. We have a very good relationship with Minister Clark as well. Tha

June 8th, 2020Committee meeting

Timothy Ross

Human Resources committee  Sidewalk Labs has just exited a massive development opportunity. That might be an opportunity for government to work together to increase the supply of non-market housing, particularly in Toronto. What governments really need to co-operate on, if you want non-market housing built

June 8th, 2020Committee meeting

Timothy Ross

Human Resources committee  With respect to the best path to create new, non-market supply of housing, including co-operatives, it would seem as though there are difficulties in accessing and generating new development opportunities through the federal co-investment fund, and I know that a lot of work has b

June 8th, 2020Committee meeting

Timothy Ross

Human Resources committee  Thank you for the question. Generally you are absolutely correct. Community not-for-profit and co-operative housing that gets developed does need to be affordable in order to meet the needs of community. Given how expensive, competitive and difficult it is to operate and develop

June 8th, 2020Committee meeting

Timothy Ross

Human Resources committee  I think this would require further study, but we don't have any firm way of correlating the manageable rental arrears in housing co-operatives and the availability of the CERB. That should be studied, I think, but anecdotally we are hearing that the CERB is allowing those with ec

June 8th, 2020Committee meeting

Timothy Ross

Human Resources committee  It is a very diverse movement and I wouldn't want to paint with broad brushes. As a sector, we've been working with our members to help make sure that they have really good governance, sound management and good long-term asset management and financing to keep these homes in a go

June 8th, 2020Committee meeting

Timothy Ross

Human Resources committee  There's certainly interest and concern for the community to offer more Canadians co-op homes.

June 8th, 2020Committee meeting

Timothy Ross

Human Resources committee  No, there have not been widespread reported cases of a significant number of people not paying rent. Our message to our members is that if you have the means to pay rent you should pay your rent or, as we say in co-op land, housing charges, because that is not only how you keep a

June 8th, 2020Committee meeting

Timothy Ross

Human Resources committee  Absolutely, and thanks for the question. We know that as co-ops come to the end of their operating agreements and their first mortgages there are two really big things that happen. One is that low-income households living in housing co-operatives lose the rental assistance subs

June 8th, 2020Committee meeting

Timothy Ross

Human Resources committee  Thank you, Mr. Chair, and thank you for the invitation to present to the committee today. My name is Tim Ross, and I'm the executive director of the Co-operative Housing Federation of Canada. CHF Canada is the national voice of the co-operative housing movement, representing ove

June 8th, 2020Committee meeting

Timothy Ross

Finance committee  Do you mean the eligibility criteria for current programs within the national housing strategy?

February 5th, 2020Committee meeting

Timothy Ross

Finance committee  Certainly, if you want to create a greater depth of affordability, one thing that would be beneficial, if you were looking at making modifications to the co-investment fund, would be to look at the ratio of grants to loans. The larger the grant contribution in the development pro

February 5th, 2020Committee meeting

Timothy Ross

Finance committee  The information on that is scattered. Lands, as they become available, are posted on CMHC's website on its own program page, so there is no comprehensive view, at least that I know of, that has been made public.

February 5th, 2020Committee meeting

Timothy Ross