An RBC report published earlier this month said that more than two-thirds, or 68 per cent, of Canadian households can't afford to buy a home on earned income alone.

Critics, however, said the measure doesn't address the key issues of insufficient housing supply and affordability, but it could hurt the credit scores of people who are struggling to pay their rent on time.

Putting more power in the hands hands of private companies and landlords is not a good idea. Good thing they aren't actually required to do it.

An amendment to the Canadian Mortgage Charter would urge landlords, banks, credit bureaus and fintech companies to include rental reporting in a credit score.

Both of Canada's official credit bureaus told CBC News that they welcomed the new government initiative. Credit Reports: Last Week Tonight with John Oliver (HBO)

For anyone paying attention it's very clear the current federal government only meaning of "affordable" is figuring different ways to get people to leverage more into housing.