At a time when Canada desperately needs to build more housing — and Premier Doug Ford is opening up part of the Greenbelt to be developed — the construction industry “remains downbeat” amid high interest rates, with 22 per cent of Canadian homebuilders cancelling projects entirely in the second quarter of 2023.
The Canadian Home Builders’ Association (CHBA) released its second-quarter report last week, which saw the construction of both single- and multi-family units remain low but increase slightly in the second quarter — an improvement from the lows recorded in the fourth quarter of 2022.
Crank immigration to 11 having made no provision for housing and infrastructure to handle the tidal wave.
That was so thoughtful of our political class. Their cronies are going to make out like bandits.
