The federal minister responsible for housing says the answer to addressing Canada’s housing crisis is not to close the door on the 1.5 million newcomers projected to arrive in the country over the next three years.
But Fraser, the country’s former immigration minister, stopped short of saying new housing starts in Canada should be tied to the number of newcomers arriving in the country. Government data shows 465,000 immigrants are expected this year, 485,000 in 2024 and 500,000 in 2025. “On the specific issue of tying housing investments to immigration numbers by province, I want to be a little bit careful,” said Fraser.
By 2036, the Canadian government says, immigrants will represent up to 30 per cent of the country’s population, compared to 20.7 per cent in 2011. Fraser emphasized the importance of attracting newcomers with skills to build houses. “Similarly in Ontario and Brampton and in the Peel Region more broadly, we've seen enormous pressures put on communities' housing stock as a result of an explosion of international students. So I do think that we have work to do in better managing the number of people who are coming through in currently uncapped temporary programs.”
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