It’s no secret that Canada is facing a housing crisis. While a significant increase in supply is largely accepted as the remedy, there is little agreement on how to, or who should, proceed.
"We know from our research the number of units we need to build given the population growth, as well as the constraints [to building]. The natural next step was to explore those constraints and what should be encouraged in order to alleviate them," Jimmy Jean — Vice President, Chief Economist and Strategist at Desjardins, and one of the authors of the report — told STOREYS.
Instead, officials should consult with municipalities directly in order to identify where the bottlenecks to building lie, and where funding should be allocated. Tax incentives, such asAs well, the federal government must ensure the pace of population growth is sustainable, and doesn’t weigh on affordability; currently, it is on track to do so, a