Closing housing gap ‘not going to happen’ by 2030, but steps being taken in right direction, says Canadian Home Builders’ Association CEO

Reaching a goal of 5.8 million new housing units by 2030 would require at least doubling current construction rates of new homes, and 'we’re a long way from getting there,' says Kevin Lee.

Housing Minister Sean Fraser said 'no one level of government can end the housing crisis on their own,' in a Housing, Infrastructure and Communities Canada press release on Nov. 7.The Hill Times photograph by Andrew Meade

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BY JESSE CNOCKAERT

December 13, 2024

Canada is years behind in closing an estimated housing gap of 5.8 million new units needed by 2030, according to the CEO of the Canadian Home Builders' Association, who adds that a recent call from the Conservatives to eliminate GST barriers on the sale of new homes is putti...

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