Carney’s Pledge to Double Homebuilding in Doubt, Watchdog Warns

Canada’s budget watchdog estimates the government’s new housing agency will only build 26,000 homes over five years, leaving the country far from its target of doubling housing construction over the next decade.

The parliamentary budget officer’s new report on Build Canada Homes, a new federal entity tasked with boosting non-market housing, suggests it will have a marginal impact on the country’s overall housing supply.