Over the last 10 years, Alberta’s housing costs have increased faster than wages. In fact, the difference between the two was worse than that seen in 8 other provinces.
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Alberta housing costs outpace wage growth
Tag: housing
The UCP announced joint funding with the federal government for two Indigenous communities, but they left out the part where they gutted the programme they’re using to fund it.
Between August 2021 and August 2022, Calgary’s new housing price index increased by nearly 15%, the largest of any of the main cities in Canada.
Last month, Alberta’s municipal affairs minister signed a ministerial order that allowed some private affordable housing providers to be exempt from paying property taxes.
And Canada has the lowest ratio in the G7.
Jason Kenney recently tweeted about increased housing starts in Alberta, but it’s not the good news he thinks it is.
Nearly all the funding will be for temporary measures.
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Affordable housing in Lethbridge
I received the following question from a voter and thought I’d share it with you, as well as share my response. I know you stand with working Albertans and for those facing challenges. could you tell me your stance regarding the housing shortage and inaccessible real estate? prices are sky-high, there is too much speculation. […]
Earlier this month, the federal government jointly announced funding with the Alberta government for 362 housing projects in 95 communities within Alberta. These projects will repair and upgrade housing for seniors and low-income families. Calgary will receive just under $5.7 million in federal funding for 68 projects and Edmonton will receive $5.3 million for 33 […]
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UCP redesign rental assistance programme
The party expects the changes will help 11,600 households. Meanwhile, 500,000 people have unaffordable rent prices.