Government was warned two years ago high immigration could affect housing costs
Federal public servants warned the government two years ago that large increases to immigration could affect housing affordability and services, internal documents show.
Documents obtained by The Canadian Press through an access-to-information request show Immigration, Refugees and Citizenship Canada analyzed the potential effects immigration would have on the economy, housing and services, as it prepared its immigration targets for 2023 to 2025.
The deputy minister, among others, was warned in 2022 that housing construction had not kept up with the pace of population growth.”In Canada, population growth has exceeded the growth in available housing units,” one slide deck reads.
“As the federal authority charged with managing immigration, IRCC policy-makers must understand the misalignment between population growth and housing supply, and how permanent and temporary immigration shapes population growth.”
Immigration accounts for nearly all population growth in Canada, given the country’s aging demographics. …[Continue Reading]