Canada could see more than 80,000 construction-related job losses.
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 2015 to 2022, Canada’s population increased by 3.3 million compared to only 1.6 million housing completions.
From 2013 to 2022, Canada’s population grew by 427,439 people annually yet only 196,872 housing units were completed annually.
Among Canada’s largest metropolitan areas, the three with the fewest housing units per 1,000 were in Ontario.
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.
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.