Canada's Housing Affordability Crisis

This is a Canada news story, published by torontosun, that relates primarily to Fraser Institute news.

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housing affordability crisis

torontosun

•

Business

Business & Economics

Liberal government's high immigration policy created housing crisis: report

Summary

Nutrition label

80% Informative

Fraser Institute study: Canada 's population grew by a record 1.23 million new residents in 2023 alone.

Canada added 5.1 new residents for every new housing unit started, the highest ratio for any year of the study’s timeframe.

Liberal government ignored warnings from its own public servants in 2022 that the hikes in immigration targets the government was going ahead with would increase the cost of housing and put added pressure on already beleaguered public services like health care.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful