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The Government of Canada needs to solve the housing problem

According to experts, Ottawa’s immigration goal does not fully address the central housing issue. Although the government has taken some steps to finance rental construction and increase density, more is needed to alleviate the worsening housing shortage. The lack of planning only exacerbates the supply shortage, leading to high costs for purchasing or renting housing. While reducing immigration has been proposed as a solution, it does not address the root of the problem. A significant supply response is necessary to address this issue, including adding 5.8 million homes by 2030.

 

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