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Published 1 month ago

Solving shortage of construction workers key to housing growth: experts

  • Solving a construction worker shortage is vital to boost housing supply in Canada amid forecasts of insufficient housing starts to meet demand.
  • The Canada Mortgage and Housing Corp. Attributes longer construction times to a growing labor shortage, highlighting the need for over 500,000 additional construction workers by 2030.
  • RBC economist Robert Hogue emphasizes the urgency of expanding the construction labor pool through various strategies to address Canada's housing crisis and affordability issues.
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