There is a long history in Canada of governments, groups, and individuals working together to provide affordable housing. Filling that need continues to be an important part of building a successful country. We know that affordable housing makes a powerful, positive contribution to the economy, to a better environment, to healthier communities, and to healthier people. Toronto is a major driver of Canada’s economy, and affordable housing is a key factor in the City’s economic success. It helps to create jobs and to attract and retain skilled key workers and business investment. It also contributes to a cleaner and greener city because people can live closer to where they work, resulting in fewer vehicle trips and the associated pollution. As well, investing in upgraded heating and cooling systems, one of the main sources of greenhouse gases, means cleaner air and lower operating costs for residential buildings. Affordable housing is an important factor in creating healthy, diverse, and prosperous neighborhoods. Neighborhoods, where people with a mix of incomes live in a range of housing tenures and types, are safe and healthy places to live. Strong and diverse communities enhance the quality of life for both owners and renters and improve liveability, which is strongly linked to a city’s prosperity.