Canada's housing crisis continues to worsen, with a staggering 4.4 million affordable homes shortfall, according to Housing Advocate Marie-Josée Houle. Blacklock's Reporter says this stark reality belies the government's ambitious target of building 3.5 million to 3.9 million new homes by 2031, a goal builders deem impossible.Houle emphasized the need for "measurable results, transparency, and data" to address the systemic issues plaguing Canada's housing market. "Today's systemic issues, such as unaffordability and encampments, happen because we don't treat housing as a human right and public good," she testified.Even the lower target, Housing Minister Sean Fraser confidently touted, falls short of addressing the needs of lower-income Canadians, according to Bob Dugan, CMHC chief economist. "The 3.5 million would still leave us in a position where we still have affordability challenges for certain target populations that are lower income," Dugan said.Fraser acknowledged the need for serious government investment to solve Canada's national housing crisis, but builders like Richard Lyall, president of the Residential Construction Council of Ontario, remain skeptical. "We are staring into a pit," Lyall testified, citing high financing costs and development charges as major obstacles.With housing starts averaging only 244,000 annually, far below the required pace, the CMHC estimates a need for an additional 130,000 to 225,000 homes built each year to meet the target. "Reaching this full potential will require structural changes," the CMHC noted..This is what the Western Standard is up againstThe Trudeau government is funding lies and propaganda by directly subsidizing the mainstream media. They do this to entrench the powerful Eastern, woke and corrupt interests that dominate the political, social and economic institutions in Canada. Federal authorities are constantly trying to censor us and stop us from publishing the stories that they don’t want you to read. Ottawa may weaponize our taxes and police against us, but we’ve got a powerful ally on our side.You. Free men, and free women. We need you to stand with us and become a member of the Western Standard. Here’s what you will get for your membership:Unlimited access to all articles from the Western Standard, Alberta Report, West Coast Standard, and Saskatchewan Standard, with no paywall. Our daily newsletter delivered to your inbox. .Access to exclusive Member-only WS events.Keep the West’s leading independent media voice strong and free.If you can, please support us with a monthly or annual membership. It takes just a moment to set up, and you will be making a big impact on keeping one the last independent media outlets in Canada free from Ottawa’s corrupting influence.
Canada's housing crisis continues to worsen, with a staggering 4.4 million affordable homes shortfall, according to Housing Advocate Marie-Josée Houle. Blacklock's Reporter says this stark reality belies the government's ambitious target of building 3.5 million to 3.9 million new homes by 2031, a goal builders deem impossible.Houle emphasized the need for "measurable results, transparency, and data" to address the systemic issues plaguing Canada's housing market. "Today's systemic issues, such as unaffordability and encampments, happen because we don't treat housing as a human right and public good," she testified.Even the lower target, Housing Minister Sean Fraser confidently touted, falls short of addressing the needs of lower-income Canadians, according to Bob Dugan, CMHC chief economist. "The 3.5 million would still leave us in a position where we still have affordability challenges for certain target populations that are lower income," Dugan said.Fraser acknowledged the need for serious government investment to solve Canada's national housing crisis, but builders like Richard Lyall, president of the Residential Construction Council of Ontario, remain skeptical. "We are staring into a pit," Lyall testified, citing high financing costs and development charges as major obstacles.With housing starts averaging only 244,000 annually, far below the required pace, the CMHC estimates a need for an additional 130,000 to 225,000 homes built each year to meet the target. "Reaching this full potential will require structural changes," the CMHC noted..This is what the Western Standard is up againstThe Trudeau government is funding lies and propaganda by directly subsidizing the mainstream media. They do this to entrench the powerful Eastern, woke and corrupt interests that dominate the political, social and economic institutions in Canada. Federal authorities are constantly trying to censor us and stop us from publishing the stories that they don’t want you to read. Ottawa may weaponize our taxes and police against us, but we’ve got a powerful ally on our side.You. Free men, and free women. We need you to stand with us and become a member of the Western Standard. Here’s what you will get for your membership:Unlimited access to all articles from the Western Standard, Alberta Report, West Coast Standard, and Saskatchewan Standard, with no paywall. Our daily newsletter delivered to your inbox. .Access to exclusive Member-only WS events.Keep the West’s leading independent media voice strong and free.If you can, please support us with a monthly or annual membership. It takes just a moment to set up, and you will be making a big impact on keeping one the last independent media outlets in Canada free from Ottawa’s corrupting influence.
