Housing crisis costs $2 billion annually in Quebec healthcare costs, study finds
AI Article Summary
A study by the Quebec Observatory of Inequalities reveals that the housing crisis is costing Quebec's healthcare system around $2 billion annually. The poor-quality, overcrowded, and unaffordable housing conditions contribute to general and mental health issues, resulting in increased healthcare costs. These conditions also contribute significantly to food insecurity, further exacerbating health problems. The study suggests investing in social housing to alleviate these costs and improve quality of life.
What This Means for Canadian Contractors
For Canadian builders, this study emphasizes the importance of addressing housing inadequacies to reduce healthcare burdens. Investing in social housing can offer new opportunities for contractors to engage in projects that improve housing quality and affordability. It further implies that future policy changes might focus on incentivizing developments in sustainable and accessible housing solutions.
