If increased supply is the solution to the housing crisis, Canada is making no progress.
The city of Toronto is on pace to build fewer new homes this year than at any time in the past 30 years.
“If you think we don’t have enough homes, fast forward two or three years, and it’s going to be an absolute catastrophe,” Marlon Bray, executive vice-president of Clark Construction Management, a Mississauga-based builder, said at an online summit this month of residential builders.
