This morning I gave a presentation to an church group in Ottawa on affordable housing and homelessness. My slides can be downloaded here.
Points I raised in the presentation include the following:
-Though government provides subsidizes to some low-income households for housing, it is important to be mindful of the considerable funding available for Canadian homeowners as well (including for high-income homeowners). For example, there is no taxation on the capital gains raised from the sale of a person’s primary residence. On an annual basis in Canada, this tax exemption costs the public treasury almost $2 billion.