Finance committee  Well, I would implore all parties to depoliticize the housing crisis and take action on housing. I'm not familiar with the quote, so all I would say is that housing co-operatives in Canada are independent and autonomous from government and are owned democratically by the members

Finance committee  Housing co-operatives in Canada are not-for-profit associations incorporated under provincial or territorial legislation or federal legislation, like a business act or a non-profit act. They are an association of members whose mutual purpose is to develop and provide housing at c

Finance committee  The members who live in the co-operative own the co-operative.

Finance committee  I would agree with the many experts who have indicated that the rebate will incentivize the creation of multi-unit residential rental housing, now including co-ops thanks to this legislation. As to whether that supply is affordable or not, I would say it's very difficult to cre

Finance committee  Yes. We know of many projects that are stuck right now because of the rising cost of borrowing, so it's important that we do two things. One, the rebate certainly helps, but from the co-operative housing sector's point of view, the second very important thing is that the federal

Finance committee  I believe you may be referring to the federal community housing initiative, which is a program that doesn't subsidize housing co-operatives but helps low-income members of housing co-operatives with their cost of housing so that they can remain affordably housed and stably housed

Finance committee  I think the best way to get the message out about new co-op homes is to build new co-op homes. That's why we really look forward to, and anticipate, the launch of the co-op housing development program as soon as possible. We have, as a sector, worked to co-design that program wi

Finance committee  Thank you for your question. The forthcoming program is still under discussion with CMHC, but we do have some thoughts about how to make rural housing development more workable in the context of the national housing strategy program. That could look like a couple of things. One

Finance committee  Thank you very much. Thank you to the chair and the committee for the invitation to appear here today. I'm going to make a few points about housing co-operatives in the context of a high-inflation environment. I'm going to speak about their affordability, security of tenure an

Finance committee  Thanks for highlighting the importance of including all business types in eligibility for government programs, so including co-operatives. It's absolutely critical that there's no unintentional exclusion of them from eligibility. I know that has been an issue in the past, but it

Finance committee  I think some of our sector's strongest leaders have come from more rural settings. I'm actually originally from New Brunswick. I personally know a lot of the members from Prince Edward Island as well. Our organization participated in the provincial task force on affordable hous

Finance committee  Thank you for the question and for your support. It's nice to see you. In short, yes, we need to convert as many opportunities to the co-operative housing model as possible. I'd be interested in learning more about the group's ideas and can certainly touch base to explore that

Finance committee  Broadly, we're seeing greater attention given to housing in successive federal budgets, but one area of concern that needs to be addressed more thoroughly is the lack of a dedicated investment in an urban, rural and northern housing strategy that's developed by and for indigenous

Finance committee  Well, we would see part of this program being delivered by the sector. Most housing programs in Canada at the federal level are delivered by CMHC. However, there is some precedent for other partners to come in to deliver housing programs, such as the Community Housing Transformat

Finance committee  I think one of the greatest and most important roles for federal funding programs is to provide a very deep level of grant contributions to projects. The supply and labour shortages and inflation and rapid appreciation in the real estate markets make it harder and harder to deliv