Resolving Canada’s housing shortage requires a whole-of-government approach

Housing supply should be factored into all economic, regulatory, and monetary policy decisions.

Housing Minister Sean Fraser, left, at a press conference with Deputy Prime Minister and Finance Minister Chrystia Freeland. There is a very strong economic case for changing Canada’s restrictive mortgage rules in order to spur new supply immediately, writes Kevin Lee. The Hill Times photograph by Andrew Meade

Opinion

BY KEVIN LEE

February 7, 2024

There are many keys to unlocking solutions to Canada’s housing shortage. Our current national debate recognizes that we need to build 3.5 million additional homes in the next 10 years, on top of the 2.3 million homes we would normally build. But at a time when we should be...

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