Review Panel Hearing on the Financialization of Purpose-built Rental Housing: Written Representations of the Federal Housing Advocate

In June 2023, the first review panel hearing under Canada’s NHSA was launched. The Advocate, Marie-Josée Houle, elected to focus the first such hearing on the urgent issue of the financialization of purpose-built, affordable rental housing in Canada. As part of the hearing, the Advocate submitted written representations based on research commissioned by her office to examine the growing role of financial firms in the residential real estate market, long-term care, and seniors’ housing. Her representations were also informed by the submissions she received from individuals and organizations, as well as by her visits to communities across Canada to engage with rights holders, civil society, industry stakeholders, and policymakers. The submissions that were shared with the Review Panel have been removed from the document, and this version includes some minor changes to the text regarding review panel procedure.

Publication Date: 
2023
Location: 
Canada