Housing for Older Canadians - sagelink.ca...Housing Options for Older Canadians Arlene Etchen CMHC...

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Age-Friendly Communities: Housing Models for Older Canadians September 22 nd , 2016 Presenter: Arlene Etchen, Canada Mortgage and Housing Corporation's (CMHC) Knowledge Transfer Consultant in Ontario Funded by the Government of Ontario

Transcript of Housing for Older Canadians - sagelink.ca...Housing Options for Older Canadians Arlene Etchen CMHC...

Page 1: Housing for Older Canadians - sagelink.ca...Housing Options for Older Canadians Arlene Etchen CMHC CANADA MORTGAGE AND HOUSING CORPORATION Population Projections by % of Total Population

Age-Friendly Communities: Housing Models for Older Canadians

September 22nd, 2016Presenter:• Arlene Etchen, Canada Mortgage and Housing

Corporation's (CMHC) Knowledge Transfer Consultant in Ontario

Funded by the Government of Ontario

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CANADA MORTGAGE AND HOUSING CORPORATION

Age-Friendly CommunitiesHousing Options for Older Canadians Arlene Etchen CMHC

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Population Projections by % of Total Population

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28%2013

31%2018

34%2028

36%2038

55+

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Canada 2038: 55+ = 15.5 Million People

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Canada 2038: 55+ = 15.5 Million People

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Ontario Total % of Seniors

The number of seniors aged 65 and over is projected to more than double between 2015 and 2041.

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16% of population

25.3% of population

2015: 2.2 Million

2041: 4.5 Million

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Housing for Older Canadians

The Definitive Guide to the Over-55 Market

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www.cmhc.ca

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Quick Facts About Canadians 55+

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Generation now entering retirement is

on average, wealthier, better

educated and more active,

than previous generations

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Quick Facts About Canadians 55+

Some seniors are choosing to work beyond age 65, either full-time or part-time, while

many are retiring at an earlier age

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Quick Facts About Canadians 55+

Womencontinue to

outlive men –ratio of women

to men increases with

age

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Quick Facts About Canadians 55+

Ethnicity can be one of the

most significant factors in housing

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Quick Facts About Canadians 55+

Many older Canadians own their

home, often their most

important asset

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Quick Facts About Canadians 55+

85% of Canadians want to age in place

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Grouping Seniors by Age Co-Hort

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71% 2013 64% 2038

Under55

55-64 85+65-74 75-84

2013 2038

71% 64%

2013 2038

13% 12%

2013 2038

9% 11%

2013 2038

5% 9%

2013 2038

2% 4%

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The Challenge

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Seniors today are a diverse group and a moving target

Wide range of financial situations

More housing options needed “Aging in place” can

incorporate many approaches

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Focus Group Findings

Seniors typically do not

proactively plan for their

future housing needs

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Focus Group Findings

Future housing needs only

becomes an issue when

health declines

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Focus Group Findings

Low awareness of options

available to help seniors live at home longer

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Innovators

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Seniors Co-Housing Canada –Wolf Willow

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Ontario Co-Housing

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Canopy Co-housing Toronto Tay Commons Co-housing Perth

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Co-housing – Solterra and Abbeyfield - Canada

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CMHC’s FlexHouse demo at the CCHT

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www.cmhc.ca/flex

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Secondary Suites

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Secondary Suites are self-contained residential units with kitchen and bathroom facilities within dwellings or within structures accessory to dwellings.

Ontario Ministry of Municipal Affairs and Housing

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Granny Flats?

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University of Calgary Garden Loft

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University of Calgary Garden Loft

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Affordable Housing Options - Ontario

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Rideau Lakes

Tavistock

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Success Story - School

McKenzie Heights - Pembroke, Ontario

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Dalhousie Church LoftsBrantford, Ontario

Success Story - Church

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Legion Terrace- Acton, Ontario

Success Story - Legion

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Aging in Place at Home

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Housing Observer Online – cmhc.ca/observer

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Where to Find Resources

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CMHC Website - Resources

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Finding Resources

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cmhc.ca

Follow CMHC on

For more information:Arlene Etchen

[email protected]

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Additional AFC Resources• AFC Ontario Website – For how-to summaries, additional

resources and information on past and future webinar opportunities– www.agefriendlyontario.ca– www.collectivitesamiesdesainesontario.ca

• Provincial AFC distribution list– http://bit.ly/1N7v8rw

• Sarah Webster, Ontario AFC Knowledge Broker– [email protected]– 1-844-276-5756

Next webinar: Thursday October 20th “Aging in Place”