[christkv]

Canada is adding 1/2 million immigrants a year. Does not matter how much they build the demand will outstrip housing stock.

[lm411]

It's actually much worse, as the immigration count doesn't include temporary residents -- the majority of of which will become permanent residents.

"Canada's population increased by more than 1.2 million in 2023"

https://www.nbc.ca/content/dam/bnc/taux-analyses/analyse-eco...

Meanwhile YoY housing starts are down.

[Tiktaalik]

All of Canada's housing issues were issues before 2015, before this current government and before the increase in immigration