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To support affordable housing in 2001, the Canada Mortgage and Housing Corporation introduced Canada Mortgage Bonds, with a focus on low-cost interest rates and mortgages. [48] The Affordable Housing Initiative (AHI), operating from 2001 to 2011, was an intergovernmental multilateral housing initiative on affordable housing in Canada. [63]
Toronto Community Housing Corporation (TCHC) is a public housing agency in Toronto, Ontario. It is the largest social housing provider in Canada with over 58,000 units across 2,100 buildings and approximately 105,000 residents. [1] It is the second-largest housing provider in North America, behind the New York City Housing Authority. [2]
The definition of affordable housing may change depending on the country and context. For example, in Australia, the National Affordable Housing Summit Group developed their definition of affordable housing as housing that is "...reasonably adequate in standard and location for lower or middle income households and does not cost so much that a household is unlikely to be able to meet other ...
In 1999 a federal-provincial agreement was signed, which resulted in the Ontario government assuming responsibility for the province's Rent Supplement Program. [14] In 2000, the Social Housing Reform Act was created. [14] The Act replaced local housing authorities with a Local Housing Corporation which belonged to a provincial body. [14]
A population centre, in Canadian census data, is a type of census unit which meets the demographic characteristics of an urban area, having a population of at least 1,000 people and a population density of no fewer than 400 persons per square km 2. [1]
Toronto is the most populous city in Canada and the capital city of the Canadian province of Ontario.With a population of 2,794,356 in 2021, [10] it is the fourth-most populous city in North America.