A study by Canada’s national housing agency says housing starts aren’t keeping pace with available residential construction resources due to restrictive regulations and a “highly fragmented” industry.
In an analysis published on May 16, Mathieu Laberge, Canada Mortgage and Housing Corp. senior vice-president of housing economics and insights, said Canada has the potential to build more than 400,000 homes per year—around two-thirds higher than the 240,267 housing starts last year.
