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The major problems for housing in Canada are rental units for people to live in in order to have housing security, especially for low-income people who continue to bear the brunt of the housing issue over the past several decades.
The real estate investment trusts (REITs) who own apartment buildings treat their tenants who are the renters as cash cows, thereby deepening Canada’s ongoing nightmare of housing insecurity and homelessness. These REITs constantly are extracting even more money from the same properties they own. The legislation that was enacted in Canada in the 1990s exempted REITs from paying corporate taxes. These