Housing unaffordability in the Greater Toronto and Hamilton Area (GTHA) is a regional economic crisis that threatens workforce retention, economic growth, and the long-term livability of Canada’s most populous metropolitan region.
Nearly one in two households in the region earn between $40,000 and $125,000 annually, yet these incomes are no longer enough to secure stable, appropriately sized housing. As a result, many workers face impossible trade-offs: spending more than 30% of their income on rent, enduring excessive commutes, or relying on social support systems to make ends meet. Without intervention, the affordability crisis will only deepen, exacerbating inequalities and placing increased pressure on public services.
Lessons from Global Leaders While Canada’s housing supply has lagged behind demand, cities worldwide have taken bold action to address similar crises. Four major archetypes offer insights into how the GTHA can unlock solutions: (See Exhibit below for more detail)
How to Solve the Housing Unaffordability Challenge A bold multifaceted approach that combines elements from all four archetypes is essential to deliver the housing solution this region urgently needs. These are among the key actions.
Expand Workforce-Focused Public Housing
Streamline Housing Approvals and Construction
Unlock Innovative Financing Solutions
Integrate Housing with Transit and Economic Planning
Housing unaffordability is an economic imperative. The solutions exist. Now is the time to act.
This article was prepared in collaboration with CivicAction
