The Sault Ste. Marie Chamber of Commerce has joined chambers from across Ontario in an effort to address the high cost of housing and the impact it is having on business.
"The Government of Ontario has committed to building 1.5 million new homes by 2031 to help mitigate this crisis, a goal that will require strategic action and significant collaboration across sectors and all levels of government," the release adds. “Sault Ste. Marie has not been immune to these pressures, as rising housing costs are impacting many of our businesses' ability to attract and retain labour. At the same time, households spending more on housing have less income available to spend on other goods and services, which directly affects our community’s long-term economic growth.”