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Ottawa – Not only did home construction fail to keep up with Canada’s record-breaking population growth, but it was stuck in the early 1970s, a new study shows.
The study, released Tuesday by the Fraser Institute, shows that although the country’s population has increased more than triple, it is almost perfectly mirrored from 2022 to 2024.
While housing is a hot topic in the national conversation, local factors are that housing supply is not keeping up with population growth, said study co-author Steve Globerman.
“We know from other studies that rezoning and various other architectural regulatory restrictions are a major obstacle to home construction,” Groberman told the National Post.
From 2022 to 2024, a total of 747,483 new homes were built, while the population was estimated to increase by 3,018,427.
In contrast, there is
740,566 Housing
From 1972 to 1974, the population increased by 868,147.
The authors collected annual data from 1972 to 2024, and began to calculate the average of 1.9 new residents per unit for each unit during the study period. The ratio exceeded three to one for the first time in 2022, reaching 5.1 in 2023 and below 3.9 in 2024.
Canada’s population grew by a record 1.2 million in 2023.
Population growth has declined with population growth, falling from 271,198 in 2021 to 261,849 in 2022 and 240,267 in 2023.
2021 was the second year of housing, lagging behind 1976 when they peaked at 273,203.
The authors of the study noted that these national trends in these countries are generally reflected in all 10 provinces. They added that Canada’s housing affordability crisis is likely to continue without accelerating housing construction, population growth or both.
The study was thick in federal election campaigns, where housing has been a key issue.
Conservative deputy leader Melissa Lantsman said these numbers directly reflect failed liberal policies.
“The lost Liberal architects have caused the housing crisis and made the situation worse,” Rantman said in an email to the National Post.
Rantman said the number of houses with anemia started to ”
Said it myself.
Conservative leader Pierre Poilievre, who promised a tax cut for homebuyers, said he would stimulate new home construction every year if he becomes prime minister.
He also said he would pay the Town Hall to reduce the development costs of home builders.
Instead of commenting directly on the research, the Liberal movement submitted the State Post to leader Mark Carney’s plan to double the pace of home construction, with nearly 500,000 new units a year.
The two leaders also said they will reduce immigration intake to reduce pressure on housing, health care and other resources.
According to government statistics, Canada’s post-population boom is almost entirely driven by immigration.
State Post
rmohamed@postmedia.com
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