Jane Londerville

Millennials dream of home ownership. In expensive cities like Toronto and Vancouver, they’re saving up to buy homes by living with their parents or taking on tenants once they save up enough to buy. (Shutterstock)

Canada’s millennials still dream of home ownership – and make it happen

Canada’s millennials want to own homes in the country’s most expensive cities, Toronto and Vancouver. Here’s how they’re managing to do so, but is it sustainable?
A real estate sold sign hangs in front of a west-end Toronto property. Canada’s newly announced housing strategy contains scant measures to help first-time buyers in pricey markets. THE CANADIAN PRESS/Graeme Roy

No help for would‑be homeowners in Canada’s new housing strategy

Canada’s National Housing Strategy leaves a large segment of the population that must find a way to afford housing in the private market. More initiatives are needed to help first-time home buyers.

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