TORONTO - Canada will be short about 3.5 million homes by the end of the decade compared with what s needed to restore affordability, Canada Mortgage and Housing Corp. said Wednesday.
The report added that Canada’s population growth rate is set to fall after 2025, when the current immigration policy comes to an end and Canada sets new immigration targets.
Calls are growing for a 'wartime' effort to build housing. Mayors and councillors from across Canada agree that the Housing Accelerator Fund can help, but more needs to be done.