Data from Point2Homes reveals that renters in 36 of Canada's 50 largest cities earn 60 per cent less than the minimum required income needed to buy a starter home.

FTA: The unaffordable cities:

1- Richmond Hill, ON
2- Oakville, ON
3- Markham, ON
4- Vaughan, ON
5- Richmond, BC
6- Vancouver, BC
7- Toronto, ON
8- Milton, ON
9- Whitby, ON
10- Coquitlam, BC
11- Burlington, ON
12- Brampton, ON
13- Mississauga, ON
14- Burnaby, BC
15- Ajax, ON
16- Surrey, BC
17- Langley, BC
18- Oshawa, ON
19- Saanich, BC
20- Kelowna, BC
21- Abbotsford, BC
22- Guelph, ON
23- Hamilton, ON
24- Waterloo, ON
25- Cambridge, ON
26- Barrie, ON
27- Kitchener, ON
28- Ottawa, ON
29- London, ON
30- St. Catharines, ON
31- Montreal, QC
32- Windsor, ON
33- Kingston, ON
34- Halifax, NS
35- Greater Sudbury, ON
36- Longueuil, QC

And the affordable cities:

1- Edmonton, AB
2- St. John’s, NL
3- Regina, SK
4- Saguenay, QC
5- Trois-Rivières, QC
6- Quebec City, QC
7- Lévis, QC
8- Winnipeg, MB
9- Saskatoon, SK
10- Gatineau, QC
11- Calgary, AB
12- Sherbrook, QC
13- Terrebonne, QC
14- Laval, QC

  • @[email protected]English
    6•1 year ago

    I know why they’re ignoring it, but they must be aware how this is going to end if they continue to shrug and look the other way.

    I don’t think they care. They want to win the next election, and that’s about it. It’s easy to sit back and let the Bank of Canada take the heat.

    • socialjusticewizardEnglish
      6•1 year ago

      Oh I’m sure they don’t. I just don’t know how they imagine the next few years looking. Are they all just assuming they’ll be out of the line of sight when things come to a head?