Dear John,
Everyone acknowledges there is a lack of new housing in Canada’s cities.
But a new study published by the Fraser Institute today finds that despite this housing shortage, the number of housing units in 26% of Canada’s urban neighbourhoods actually declined from 2016 to 2021!
In addition to that, half of all neighbourhoods in Canadian cities saw the number of housing units increase... by less than 1%.
What growth we are seeing in new housing units is largely happening in very small pockets.
Find out more here, and be sure to share this study with anyone who you think might be interested!
Sincerely,
Niels Veldhuis
President
The Fraser Institute
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