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Toronto real estate: 100,000 jobs at risk as new home sales drop to lowest level in 45 years

Toronto-area new home sales just tanked to their worst year on record.

The situation is ”absolutely dire,” said the Building Industry and Land Development Association (BILD) in a Thursday report, noting the consequences are rippling through Ontario’s economy, which relies heavily on homebuilding for employment, future housing supply, and economic growth.


Just last year the Liberal Party created a pathway to citizenship for illegal aliens employed by law breaking construction companies.

The LPC literally rewarded these companies for hiring illegals.

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