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Pattie Lovett-Reid: Housing affordability is rapidly becoming a personal and political issue

Levels of both employment and savings are strong, yet 36 per cent of non-homeowners under the age of 40 have given up on owning a home. And what is worse: 62 per cent of Canadians say that most people will be priced out of the housing market in the next decade, according to the RBC Spring Housing Poll. CTV News' Chief Financial Commentator Pattie Lovett-Reid takes a closer look in her column on CTVNews.ca.

People walk past new homes that are for sale in Oakville, Ont., in this file photo. (THE CANADIAN PRESS/Nathan Denette)

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Biden opening summit with ambitious new U.S. climate pledge

U.S. President Joe Biden will open a global climate summit with a pledge to cut at least in half the climate-wrecking coal and petroleum fumes that the U.S. pumps out, a commitment he hopes will spur China and other big polluters to speed up efforts of their own.

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