The Canada Mortgage and Housing Corporation reported in September 2026 that the supply of affordable housing in both Montreal and Ottawa remains below the national affordability targets set by the federal government. While the overall national picture shows a stable level of affordable units, the two capital cities have experienced a further decline in availability, widening the gap between policy goals and on‑the‑ground reality.
According to the SCHL’s latest assessment, the shortfall in Montreal and Ottawa reflects a broader trend where many Canadian markets are struggling to meet the affordability benchmarks established by the government. The corporation’s data indicate that despite a steady supply nationwide, the two cities have seen a worsening situation, suggesting that local factors are impeding progress toward the targets.
The national affordability targets were introduced to ensure a sufficient number of housing units are priced within reach for low‑ and moderate‑income households. The SCHL’s findings highlight that, although the country as a whole is maintaining its supply levels, the targets are not being achieved uniformly across regions. Montreal and Ottawa, both major urban centres with growing populations, are among the areas where the supply gap has grown.
Policy makers and housing officials have been urged to address the disparities, though the SCHL report itself stops short of prescribing specific measures. The corporation’s role is to monitor housing trends and provide data that can inform federal and provincial strategies. The latest figures underscore the challenge of translating national housing objectives into measurable outcomes at the city level.
The report arrives as housing affordability continues to be a key concern for Canadians, with the federal government maintaining its commitment to the targets despite the uneven progress. Stakeholders in Montreal and Ottawa will need to consider the SCHL’s findings as they plan future interventions aimed at expanding affordable housing stock.
The SCHL will continue to track supply trends and update its assessments as new data become available, offering a benchmark for evaluating the effectiveness of policy responses across the country.