The financial burden will likely fall disproportionately on younger lower-income residents looking to enter the housing market.
In 2022, the province’s population grew by 29,307 people while only 3,479 new homes were built.
New federal regulations will add an estimated $30,677 to the cost of a new home in the province by 2030.
The new regulations will add more than $78,000 to the cost of a newly constructed home in the province.
In 2022, Alberta’s population grew by 164,793 people, dwarfing the 29,837 new housing completions.
Energy efficiency mandates often fall short of achieving meaningful reductions in emissions.
In Canada, "ground-oriented” housing is 31 per cent more expensive than before the pandemic.
Canada’s Housing Mismatch: Many Canadians prefer ground-oriented homes, but not enough are being built
Non-resident investors owned only 2.5 per cent of all houses in the province.