To buy or to rent: The housing market continues to be reshaped by several factors as Canadians search for an affordable place to call home

A place to call home

Everyone needs a place to call home, but home isn't just a roof over your head. One's home can also be a source of security, dignity and identity. Not everyone has a home, and some do not have a home that meets their needs. Should I buy or rent? Where should I live? Can I afford my home? These are questions on the minds of many Canadians.

In Canada, people do not just need a home, they have a right to one. The passing of the National Housing Strategy Act in 2019 recognized housing as a human right. The Act establishes the right to a standard of housing that is free from systemic and prejudicial barriers. It also focuses on providing affordable housing for those groups who are in greatest need and outlines commitments made by the government to achieve equitable housing outcomes.

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