Redefining Affordability: Why CMHC’s Benchmark Shift Matters
www.reic.ca
In a move that received little public fanfare but will have implications for housing policy across Canada, the Canada Mortgage and Housing Corporation (CMHC) has officially abandoned its 2004 benchmark for housing affordability. In its place? The "more re

I must have missed the part where living costs excluding housing dropped 15-20% over the last two decades.