With Vancouver and Toronto vacancy rates at 0.9 and 1.7 per cent respectively, and rental prices surging, seniors, students, new immigrants, single parents and people with disabilities — those on modest or fixed incomes — are being priced out of their communities.
Ren Thomas, associate professor of planning at Dalhousie University in Halifax, warns it’s a real loss for our biggest cities.
“You need that diversity – and that’s what makes our big cities great is we have there, you know, different people in different jobs,” said Thomas.
Canada’s national housing agency, the Canada Mortgage and Housing Corporation (CMHC), says


