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This impact paper explores Canada’s housing shortage, options being posed to address this shortage, and some of the main impediments that governments face in addressing the gap between household income and housing affordability.
In this impact paper, we look at the current housing shortage in the context of rising construction costs, the gap between household income and housing affordability, and options for addressing the shortage. What challenges does the construction industry face? How has the increase in the population contributed to this shortage? What options could various levels of government implement to meet the demand and narrow the gap?
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