Provinces across Canada are struggling to meet affordablehousing supply targets, but it's not down to governmental red tape or slow processes - it's a shortage of labour. CMHC_ca | realestate realestatenews cdnpoli housing
labour scenarios, Ontario, Québec, and British Columbia — Canada’s three most-populous provinces — will all still fail to meet the 2030 affordable housing targets that the CMHC outlined in a June 2022Best-case scenario projections are based on the highest percentage of the population who work in residential construction in the past 25 years, combined with the lowest amount of residential construction workers needed per housing unit.
, pre-existing buildings are often demolished to make way for newer buildings, which are usually more expensive.Alberta is the only province of the four that were examined which could likely meet its 2030 target in a best-case scenario. Elsewhere in the report, the CMHC also points out that Alberta is the only province of the four where labour capacity wasat its maximum in 2021.
The most basic is to “create more incentive to develop a new generation of skilled construction workers.” Some of that is already happening. On Thursday, the Province of Ontario
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