Housing Supply Gap

• Ottawa making financing cheaper for more builders to spur rental construction

  The effort to offer cheaper mortgage rates to more builders comes as construction costs have ballooned in recent years amid expensive materials and rising interest rates.

  Canada

  Sep 26, 2023
  
• Construction labour shortage adding extra pressure to housing supply gap: experts

  The job vacancy rate in construction is at a record high with around 80,000 vacancies in the industry, said CIBC deputy chief economist Benjamin Tal in a recent note.

  Canada

  Jul 2, 2023
  
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• Trudeau targets $2B in spending to fix Canada’s housing supply, affordability issues

  Prime Minister Justin Trudeau detailed $2 billion in previously announced spending on Tuesday aimed at adding 17,000 new units to Canada's tight housing supply.

  Canada

  Aug 30, 2022
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• Cooling housing market shows short supply didn’t fuel COVID price surge: BMO economist

  BMO's top economist is calling into question the role of a constrained housing supply in fueling home price growth during the COVID-19 pandemic.

  Economy

  Jul 20, 2022