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Weekly Commentary

When It Comes to Housing Supply, We’re Livin’ on a Prayer

April 14, 2022
Jimmy Jean • Randall Bartlett • Francis Généreux • Lorenzo Tessier-Moreau • Hendrix Vachon • Royce Mendes

The latest federal budget focused heavily on housing affordability, a major social issue. The dream of home ownership is slipping away for many Canadian households. Low interest rates, strong population growth, the rush to buy before prices and mortgage rates rise further, and increased speculative activity have all driven up demand.