An economic analysis of public housing in Yellowknife, Northwest Territories ...
For many years, social housing policy in Canada has relied upon supply-side programs. Recently, these programs have come under criticism for failing to serve the needs of poor households, precipitating a philosophical shift toward income supplement programs. While evaluations of past programs suppor...
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| Format: | Text |
| Language: | English |
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University of British Columbia
2010
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| Online Access: | https://dx.doi.org/10.14288/1.0096605 https://doi.library.ubc.ca/10.14288/1.0096605 |
| Summary: | For many years, social housing policy in Canada has relied upon supply-side programs. Recently, these programs have come under criticism for failing to serve the needs of poor households, precipitating a philosophical shift toward income supplement programs. While evaluations of past programs support this shift, most studies have been done at the national level and may not reflect the housing needs of specific regions or communities in Canada. This study evaluates a supply-side housing program for one community in northern Canada - Yellowknife, Northwest Territories. Drawing upon the tools of welfare economics, the study evaluates the Public Housing Program in Yellowknife in terms of economic efficiency and equity. The study analyses the program from the viewpoints of the Canadian public and the residents of the N.W.T. In both cases, the Net Present Value, calculated from measurable costs and benefits, is negative suggesting the program is not economically efficient. Non-tenant benefits of between $446,082 ... |
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