Canada's Housing Crisis Worsens with Predicted Shortfall

Canada's housing crisis is worsening due to a predicted shortfall of 1.5 million units, according to CIBC research. The Canadian government aims to address affordability by building 3.5 million additional homes by 2030, but CIBC economist Benjamin Tal suggests that the true number is actually about 5 million. The government's immigration policies have contributed to population growth, which is expected to require significantly more housing construction.