The law of supply and demand plays out in senior care across Canada.
This Graphic Intelligence illustrates the price and supply of senior housing spaces in the provinces – plotting rents against supply in standard care and heavy care.
Looking at Quebec, more supply of adult living spaces leads to the lowest rents. Meanwhile, others such as Ontario, Alberta and British Columbia have high housing needs for seniors, but relatively few senior care spaces. They also have higher prices and higher vacancy rates than Quebec. The relatively low capacity, higher core housing need, higher vacancy rates and higher prices suggest that many seniors who could benefit from moving to more appropriate spaces can’t afford to do so in those provinces.
