Canada Sticks With Home Building Doubling Goal

Federal officials reaffirmed Canada’s goal to double homebuilding over the next decade, aiming to ease rent and ownership costs through housing measures.
A fiscal watchdog said recent budget materials lacked benchmarks and cited an estimate that an affordable housing agency would add 26K units over 5 yr.
Canada’s 6-mo housing-start trend recently ↑~3% to ~257K annualized starts, showing builders paused the slide in current construction momentum at least briefly.
Ontario remains a key watch area: Toronto’s unsold condo inventory and slower population growth are limiting demand and builder confidence for new projects.
A housing outlook projected 216K starts by 2028, while an expert said ambitious targets can help sustain supply momentum through market slowdowns.