
Housing crisis: Feds stick by immigration plan, rethink international student flows
BNN Bloomberg
Academics, commercial banks and policy thinkers have all been warning the federal government that the pace of population growth, facilitated by immigration, is making the housing crisis worse.
Academics, commercial banks and policy thinkers have all been warning the federal government that the pace of population growth, facilitated by immigration, is making the housing crisis worse.
"The primary cause for (the) housing affordability challenge in Canada is our inability to build more housing that is in line with the increase in population," said Murtaza Haider, a professor of data science and real estate management at Toronto Metropolitan University.
A TD report released in late July also warned that "continuing with a high-growth immigration strategy could widen the housing shortfall by about a half-million units within just two years."