Housing: 500,000 homes a year
500,000 new homes a year
Carney's Liberals campaigned on doubling the rate of housing construction and building 500,000 new homes a year, alongside Build Canada Homes as a federal developer of affordable housing on public lands.
Source: Liberal Party of Canada, Building Canada Strong housing plan
~245,000 to 250,000 a year, current trajectory
CMHC analysis sets the supply Canada actually needs at 430,000 to 480,000 homes a year through to 2035 to restore 2019 affordability. The current business-as-usual build rate sits at 245,000 to 250,000 a year. The shortfall is roughly 200,000 homes a year.
500,000 new homes a year
Carney's Liberals campaigned on doubling the rate of housing construction and building 500,000 new homes a year, alongside Build Canada Homes as a federal developer of affordable housing on public lands.
Source: Liberal Party of Canada, Building Canada Strong housing plan
~245,000 to 250,000 a year, current trajectory
CMHC analysis sets the supply Canada actually needs at 430,000 to 480,000 homes a year through to 2035 to restore 2019 affordability. The current business-as-usual build rate sits at 245,000 to 250,000 a year. The shortfall is roughly 200,000 homes a year.
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