The federal Liberal government is belatedly trying to fix a housing affordability crisis it created though immigration policies which caused population growth to far exceed Canada’s capacity to build new homes to accommodate it, according to a new Fraser Institute study.
“Despite unprecedented levels of immigration-driven population growth following the COVID-19 pandemic, Canada has failed to ramp up homebuilding sufficiently to meet housing demand,” said Steven Globerman, co-author of the study, “The Crisis in Housing Affordability: Population Growth and Housing Starts 1972-2024.”
