The average Canadian family paid 45.3 per cent of its income in taxes last year.
According to the province's housing task force, 1.5 million homes must be built over a decade to close the housing gap.
From 2013 to 2022, Canada’s population grew by 427,439 people annually yet only 196,872 housing units were completed annually.
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.
The country's rental vacancy rate fell to 1.9 per cent—the lowest it’s been since 2001.
Calgary's rental vacancy rate for purpose-built rental units fell from 5.1 per cent to 2.7 per cent.
Insufficient supply relative to demand means fewer homes available to renters and buyers alike.
Toronto plans to overhaul zoning and housing approvals by early this year.
In the 1970s roughly one home was built annually for every 1.2 new Ontarians compared to 2.4 new Ontarians in the most recent decade.