OTTAWA – The parliamentary budget officer says Canada would need to build 1.3 million additional homes by 2030 to eliminate the country’s housing gap.
The newly released report looks at how many more homes would need to be built restore Canada’s vacancy rate to the historical average.
The report by Yves Giroux also accounts for the number of additional households that would form if sufficient housing were available.
What they don’t tell you is that Canada lacks the capacity to build that many homes.
