Canada needs a big lift in construction if it is to close the housing shortage it faces over the next decade, a report by the country’s budget watchdog suggested
Wall Street JournalTuesday, August 26, 2025 at 9:14:00 PM
NeutralFinancial Markets
A report indicates that Canada needs 3.2 million new housing units by 2035 to address its housing shortage. The Office of the Parliamentary Budget Officer emphasizes the importance of increased construction efforts.
Editor’s Note: This report highlights a significant challenge for Canada as it faces a growing housing shortage. Understanding the need for new housing units is crucial for policymakers and stakeholders to ensure adequate living conditions for future generations.
— Curated by the World Pulse Now AI Editorial System
