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Canada's housing plan 'bumping up against' capacity restraints, interest rates: economist

From bnnbloomberg.ca

A new report from TD Economics says the federal government’s ambitious housing plan faces supply-side capacity constraints and demand measures that are not expected to have a significant impact. In a report Monday, TD Bank Economist Rishi Sondhi evaluated the federal government's plan to address housing affordability. Canada’s Housing Plan, released last month, includes several measures intended to impact demand, supply and productivity. By 2031 the plan sets out to build 3.87 million new homes, requiring several years of record-high homebuilding. “Supply-side measures are perhaps the boldest, but efforts to boost ... (full story)

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  • Category: Fundamental Analysis