Canada needs $300bn annually to meet housing target

The cost of meeting housing goals may be too high without significant investment reforms.
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Meeting Ottawa’s aggressive housing construction goals will require more than $300 billion in additional financing each year until 2030, according to a new report from the Fraser Institute.
The study highlighted the scale of investment needed to address Canada’s housing affordability crisis and the challenge of securing the necessary capital.
"To increase home building and restore business investment in key areas like technology to previous levels, Canada needs to become much more attractive to investors, both from within Canada and around the world," said Steven Globerman, senior fellow at the Fraser Institute and author of the report.