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Housing Co-ops are a Crucial, National Part of the Housing System
250,000 Canadians live in 2,200 co-ops in every province and territory.
Demand for Co-op Housing is at an All-Time High
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Of Canadians want more co-op housing. 1
73% of Canadians say non-profit and co-op housing can help solve the housing crisis. Co-op communities retain their affordability permanently; they do not transition to market prices. Co-ops contribute to stronger neighbourhoods through volunteer-driven governance and community-building activities.
Co-ops are consistently more affordable than private rentals
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Co-op housing offers housing charges that are $400 to $500* less per month compared to similar market rentals in the same community.2
*per month
The vast majority of co-ops operate on a not-for-profit basis, which keeps housing charges low, only rising to meet operating costs and keep the building in good working order.
Housing Co-ops are Growing in Canada
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Canada’s co-op sector is ready to build: a pipeline of tens of thousands new co-op homes is poised to deliver real affordability.3
Non-profit housing co-ops provide housing to residents at cost, saving money in the long run compared to private rentals.