[homeles_ot-l] FW: WI policy brief: Federal housing investments should be maintained, not allowed to further erode (pre-budget submission)

[Lynne Browne]

FYI . . . 

Lynne Browne

Coordinator, Alliance to End Homelessness 

613-241-7913 ext. 205, lbrowne at ysb.on.ca <mailto:lbrowne at ysb.on.ca> 

 

From: Michael Shapcott [mailto:Michael at wellesleyinstitute.com] 
Sent: August-16-11 9:02 AM
To: Michael Shapcott
Subject: WI policy brief: Federal housing investments should be
maintained, not allowed to further erode (pre-budget submission)

 

A good home is vital to personal health and is essential to improving
the overall health of the entire population. Good housing contributes to
a strong and stable economy. It provides a base for individuals and
households to fully participate in the economic life of their
communities and the country. It generates good jobs and other
investments in a sound, sustainable economy. Good homes reduce
government health and other spending, and provide other fiscal benefits.


 

The Wellesley Institute is an independent non-profit research and policy
institute that focuses on the social and economic factors that shape
population health. Housing is an important social determinant of health;
and we and others have done considerable research over the years on its
health impact. Inadequate housing and homelessness are major factors in
poorer health outcomes for many and damaging health disparities. 

 

We are pleased to make this submission on federal housing investments as
part of the House of Commons' Standing Committee on Finance's pre-budget
consultations. Our main housing concern in the current pre-budget
process: Federal housing investments over the past two decades have not
kept pace with inflation, population growth or the growing need for
healthy, affordable homes across Canada - creating a heavy burden on
lower-income Canadians. 

 

Our recommendation: Maintain federal housing investments at 2010 level
of $3 billion through the creation of a new national housing fund that
would be supported with tax-based revenues, the allocation of
housing-generated revenues from Canada Mortgage and Housing Corporation
and innovative financing.

 

Full submission attached and posted at 
http://www.wellesleyinstitute.com/news/affordable-housing-news/sustainab
le-long-term-federal-housing-investments-required-wi-2012-pre-budget-sub
mission/

 

-          Michael

 

***

 

Michael Shapcott | Director, Housing and Innovation | Wellesley
Institute 

10 Alcorn Avenue, #300                        Tel: 416.972.1010 ext 231
Toronto, ON, Canada,  M4V 3B2           Mobile: 416.605.8316  
E-mail:   michael at wellesleyinstitute.com

 

www.wellesleyinstitute.com

research. policy. innovation. action.

 

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