Canada’s inflation rate is the highest it’s been in decades;
Housing prices have increased by nearly 30 per cent in the past year alone; The rising cost of living is driving many Canadians to the brink, and this is disproportionately impacting women;
Since 2015, the average price of a home has doubled, caused in part by investment buying and a housing shortage;
Over half of Canadians say they can no longer keep up with the rising cost of living; Many new Canadians are looking to migrate to other countries due to the current affordability crisis our country faces;
Canada’s house price-to-income ratio has grown more than any other G7 country since 2005;
Canadian real estate prices are growing 12 times faster than Canadian incomes;
The current government has failed to provide immediate relief to Canadians struggling to afford a living;
and The Prime Minister continues to introduce tax increases while our country is in the midst of an affordability crisis. We, the undersigned, citizens and residents of Canada, call upon the Government of Canada to immediately table a plan to address the affordability crisis in Canada.