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The Latest on Canada’s Housing Crisis – It Is Worsening

To address Canada’s housing crisis, the Carney government made the promise to build 500,000 new homes per year and it launched a new federal initiative to boost the country’s housing construction. However, Ottawa’s agency in charge of housing reports that housing starts are now decreasing and are projected to decrease for years. Though there have been multiple housing announcements with the prime minister throughout the past year, the reality is there still remains to be a single house constructed by the new federal agency. With the government’s grossly inadequate response to the challenge, Canadians are experiencing a housing crisis that is worsening.

The 2025 Liberal Party election campaign promise was that they would deliver “Canada’s most ambitious housing plan since the Second World War.” The Liberals key talking point that Canadians often hear repeated is “We’re building more homes, faster.” Just this week, Prime Minister Mark Carney’s staff posted on X (while he was vacationing in Tuscany) that the federal government is “building affordable homes at scale and speed we haven’t seen in generations.” Yet, the data says otherwise, and it exposes these Liberal bromides as hollow political rhetoric.
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