Abacus Data released the results from a recent study which surveyed 6,000 Canadian adults (aged 18 plus) between September 26 and October 9, 2024, in partnership with the Co-op Housing Federation of Canada (CHF Canada), the Canadian Alliance to End Homelessness (CAEH), and the Canadian Real Estate Association (CREA). The report highlights a heightened interest in nonprofit and co-op housing, as the current economic landscape poses affordability challenges. Canadians are also increasingly interested in having a stable place to live, leading them to consider alternatives to renting or owning. With the increasing demand for alternative housing solutions, there is substantial public support for government action to expand these housing options, signalling a shift beyond the private market.
Top Insights
- Changing Perceptions: After learning more about nonprofit and co-op housing, 73% see nonprofit and co-op housing as a viable solution, citing affordability (57%), community benefits (46%), and long-term stability (45%).
- High Demand, Low Supply: 60% believe there isn’t enough nonprofit and co-op housing in their communities, and 61% say increasing availability should be a top priority.
- Call for Government Action: 54% support tying federal funding to housing development, while 53% back direct government investment in new nonprofit and co-op housing.
Access the report to learn more, click here.