Canadians ‘Overwhelmingly’ Worried About Ongoing Housing Crisis, Household Finances: Poll

More than two-thirds of Canadians are “overwhelmingly concerned” about the housing crisis and expect to see affordability and accessibility become worse this year, according to a new survey. The poll from Abacus Data said that 68 percent of respondents were not optimistic that the country’s ongoing housing crisis would improve. Twenty-three percent believed housing issues would remain the same, while only 10 percent predicted improvement. But housing is not the only concern on the minds of Canadians: finances and government policies were also labelled as causes for unease among the majority of respondents. Seventy-one percent of Canadians said their household debt levels are increasing, causing “financial strain and instability,” while nearly two-thirds of those polled lack confidence in the government and the country’s economic stability....