Toronto Tension - High Finance and Homelessness
Canada, one of the ten wealthiest countries in the world, has an international reputation as a progressive place - where universal health care is guaranteed, marijuana is legal and same-sex marriage, a given. But the country’s most densely populated city – Toronto – is one of the most expensive on the planet. The financialization of housing is hitting Toronto hard, with affordable apartments being purchased en masse by institutional investors, while homeless encampments spring up in parks thr...