The new housing construction industry in Canada is one of the largest sectors in our economy, contributing tens of billions of dollars and employing over 1.2 million people.
The existing housing stock in Canada contributes to the economy through taxation, repairs and maintenance, upgrades and, in some cases, through multi-use function such as community or small retail.
Housing in Canada can be categorized by type of dwelling, by the needs of the occupant(s) or household, and the lack of access to housing.
What are the different types of household occupants?
In Canada we also have something called Core Housing Need - this is the indicator used to identify households not living in, and not able to access acceptable housing.
A household is in core housing need if its housing is unsuitable, inadequate or unaffordable, and if its income is such that it cannot afford alternative housing in the local market.