“Hundreds of thousands of new Canadians are entering the country each year, while the number of new housing units being built is not even as high as it was in the 1970s.”
by Brad Salzberg
October 23, 2023
According to weekly tracking from Nanos Research, affordable housing has shifted to the second highest area of concern for Canadian citizens, followed closely by inflation.
“As of Oct. 13, 18.3 per cent of Canadians surveyed said inflation was their top area of concern, followed by 14 per cent who listed housing and 11 per cent who cited jobs and the economy.”
The issue of immigration intake versus housing supply is critical to health, well-being and financial stability for Canadians. It is with curiosity that CAP point to a statistic referenced in a recent article from the Toronto Sun:
“As the Trudeau government has cranked up immigration to record levels, the nation’s housing supply has failed to keep up. Hundreds of thousands of new Canadians are entering the country each year, while the number of new housing units being built is not even as high as it was in the 1970s.”
Can it be that the incongruity is intentional on the part of the Liberal government of Canada? If so, why would it occur?
Read More HERE
