OTTAWA – A new report on homelessness proposes nearly doubling federal spending on affordable housing over the next 10 years to effectively eliminate the problem.
The report, submitted in advance of a promised Liberal national housing strategy, recommends that proposed federal spending of about $22.6 billion over the next 10 years be increased to about $43.8 billion.
It says the increase would amount to an additional $50 per capita annually.
— Cormac Mac Sweeney (@cmaconthehill) October 20, 2016
The report also says the spending strategy would help end a problem that costs the Canadian economy more than $7 billion a year.
The federal government has already promised to increase spending on affordable housing, but the two groups say those increases don’t go nearly far enough.