“The long term economic outlook depends on bringing everybody along”: why one of Canada’s big banks put out a report calling for more social housing

“The long term economic outlook depends on bringing everybody along”: why one of Canada’s big banks put out a report calling for more social housing

People First Radio

Rebekah Young, Head of Inclusion and Resilience Economics at Scotiabank, discusses a recent column in which she called on Canada to double its social housing stock.

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33:252 Feb 2023

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Rebekah Young on the Urgent Need for More Social Housing in Canada

We do need to remove some of those hurdles, those artificial policy barriers that are preventing more supply from coming online in a timely manner.

Why is affordable housing still out of reach for so many Canadians? Rebekah Young, Head of Inclusion and Resilience Economics at Scotiabank, tackles this pressing issue in a compelling episode of People First Radio. She sheds light on the current housing market's shortcomings and the dire need for more social housing to support lower-income families. Young doesn't just point out the problems; she dives into practical solutions, from policy changes to innovative housing models, that could make a real difference.

You'll hear about the barriers preventing affordable housing from becoming a reality and the crucial role policymakers must play in addressing these challenges. Whether you're a renter struggling to find a home or someone interested in the broader economic implications, this episode offers valuable insights into creating a more equitable society through improved housing policies.

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