Cory Morgan: If Canada Is to Catch Up on Rapidly Growing Housing Shortage, Government Needs to Get Out of the Way

Cory Morgan: If Canada Is to Catch Up on Rapidly Growing Housing Shortage, Government Needs to Get Out of the Way
A construction worker works from a lift at a new housing development in Ottawa on Oct. 14, 2022. Sean Kilpatrick/The Canadian Press
Cory Morgan
Updated:
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Commentary

Canada’s housing affordability challenges are about to get a whole lot worse soon. While the Canadian government has set immigration targets at 500,000 people per year, anticipated new home construction is expected to fall short of national needs by 100,000. Governments at all levels need to address this issue before it becomes a full-blown crisis. Unfortunately, governments aren’t typically inclined to turn on a dime with policies, especially when ideology is at play.