Housing-related perks have historically been rare in Canada outside of companies that depend on attracting international candidates or regularly need to relocate existing staff
The dire state of housing markets across the country means that’s starting to change.
“Employers have to think about what kind of package they’re going to offer prospective employees and right now, particularly in major cities, housing is a big crisis in working people’s lives,” he says. “It’s hard to find, whether it’s rented or owned, and it’s very expensive. It should be a no-brainer for employers to connect those two dots.”
Some companies have been thinking about housing for years now. At the University of British Columbia, for example, there are 685 rental housing units on campus that are earmarked for full-time staff and faculty, as well as athat allows participants to pay “30 per cent of their household income before taxes and adjustments to rent eligible units within the UBC Faculty Staff Housing portfolio.” The school also offers interest-free loans through its Down Payment Assistance Program.
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