More Canadians living with multiple generations as fastest-growing housing arrangement
CA, 15 Jan 2023
Multi-generational households are the fastest growing type of living arrangement in Canada, with nearly one-million households in 2021 having multiple family generations living under one roof.
In fact, a renovation tax credit aimed at boosting the number of multigenerational homes in Canada is estimated to cost the federal government roughly $44 million over the next five years, according to the parliamentary budget officer (PBO).
As Global's Anne Gaviola explains, there are cultural and financial reasons behind the rising popularity.
For more info, please go to https://globalnews.ca/news/9402376/multigenerational-home-renovation-tax-credit-cost-44m/
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In fact, a renovation tax credit aimed at boosting the number of multigenerational homes in Canada is estimated to cost the federal government roughly $44 million over the next five years, according to the parliamentary budget officer (PBO).
As Global's Anne Gaviola explains, there are cultural and financial reasons behind the rising popularity.
For more info, please go to https://globalnews.ca/news/9402376/multigenerational-home-renovation-tax-credit-cost-44m/
Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc
Like Global News on Facebook HERE: http://bit.ly/255GMJQ
Follow Global News on Twitter HERE: http://bit.ly/1Toz8mt
Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB
#GlobalNews #Housing #Canada
