[September 26, 2024] In light of the increasing financial burden of housing costs across Canada, a newly released report indicates widespread support among Canadians for expanding cooperative housing as a viable solution. The findings come from the latest survey conducted by Modalis Omnibus, which highlights the public’s concerns about housing affordability and their willingness to explore alternative housing models.

Key findings from the report include:

Strong Support for Cooperative Housing: Canadians have expressed significant backing for the expansion of cooperative housing across the country. This indicates a growing recognition of the benefits that coops can offer in terms of affordability and community.

Government Investment: A solid majority of survey respondents support government investment in cooperative housing initiatives. This suggests a potential shift in policy focus towards supporting sustainable and affordable housing options.

Familiarity with Cooperative Housing: While the survey shows strong support for cooperative housing, it also reveals that Canadians’ familiarity with this housing model remains modest. This presents an opportunity for education and outreach to increase awareness of the benefits and workings of cooperative housing.

As housing costs continue to dominate Canadians’ financial concerns, the report underscores the importance of exploring diverse solutions, including the expansion of cooperative housing. This model not only addresses affordability but also fosters community engagement and sustainable living.

The full report is available for review here.