The federal government’s housing strategy is failing Vancouver’s most vulnerable

Federal Housing Minister Sean Fraser announced over $574 million to build 953 new rental homes in Vancouver, but 80% of these units are for households earning over $87,000, leaving low-income individuals at risk of homelessness. National Housing Day highlights the urgent need for action, as homelessness has increased by 20% since the National Housing Strategy was introduced. Advocates are calling for the creation of 50,000 affordable housing units annually and increased investment in public and non-profit housing to address the crisis effectively.