Canada needs to build more affordable housing for newcomers
Canada needs to build more affordable housing for newcomers
The relationship between newcomers and the Canadian economy involves three key pillars: job availability, a sufficient population of working age and affordable housing. All three pillars must be supported by the government — if one is missing, the entire system collapses.
While Canada has always relied on newcomers for population growth because of its low birth rate, both housing affordability and job availability tend to fluctuate much more drastically.
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