Balancing Canada’s Population Growth and Ageing Through Immigration Policy

Balancing Canada’s Population Growth and Ageing Through Immigration Policy Canada faces twin demographic pressures: an ageing population and rapid population growth driven by immigration. The report argues that immigration levels must strike a careful balance – sufficient to offset some effects of low fertility and an ageing workforce, but not so high as to outpace […]

Blurred Vision: How Mortgage Interest Costs Impact Inflation

The Study in Brief Mortgage interest costs can undergo large swings during tightening and/or loosening cycles by the Bank of Canada. Although they have a weight of only around 5 percent in the Canadian Consumer Price Index (CPI), they can significantly affect movements in the latter as a result of these large swings. The year-over-year […]

Housing Policy for a Growing Canada

Introduction and Overview Canada’s housing sector faces unprecedented challenges, with skyrocketing prices, acute affordability crises, and a growing mismatch between housing supply and population needs. Major urban centers like Toronto and Vancouver have been particularly hard-hit, with housing costs outpacing income growth. This has pushed homeownership beyond the reach of many middle-class Canadians and created […]

Solutions to Canada’s Housing Crisis: Report

February 4, 2025 – Tackling Canada’s housing crisis requires actionable strategies, policy reforms, and innovative technologies to boost supply, according to a new C.D. Howe Institute report. A special policy conference report based on the Institute’s November 2024 conference, “Housing Policy for a Growing Canada,” draws together insights from leading experts in the field, including […]

Making Housing More Affordable in Canada: The Need for More Large Cities

A row of houses on an urban street.Study in Brief This paper asks how best to make housing more affordable – especially in our large cities – for the current generation of renters and potential new buyers. We begin by showing that if increasing housing supply is a key element of the solution, simply doing so in our major metropolitan areas is […]

To Solve the Housing Affordability Crisis, Think Beyond Big Cities

January 21, 2025 – Canada cannot solve its housing affordability crisis simply by adding more homes in major centers like Toronto and Vancouver, according to a new report from the C.D. Howe Institute. Instead, the report urges policymakers to target a small set of mid-size cities and support them in becoming thriving, larger hubs which […]

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