Canada

In the wake of a report identifying Toronto as Canada’s “epicenter of weakness” for homebuilding, the Ford government is unwilling to say if it can still build 1.5 million new homes by 2031. The most recent data from the Canada Mortgage and Housing Corporation show that roughly halfway through 2025, Ontario is enjoying an even less productive year than it did in 2024, when it fell tens of thousands of units short of its targets.From January to July this year, Ontario has seen just 33,821 new houses start, a drop of 25 per cent from the numbers it recorded at…

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