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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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The Epoch Times

+2 Reposted by 2 other sources

Solving Shortage of Construction Workers Key to Housing Growth: Experts

Solving a longstanding construction worker shortage will be key to boosting housing supply, experts say, as Canada’s national housing agency continues to forecast housing start levels that fall short of growing demand. The growing construction labour shortage was cited by the Canada Mortgage and Housing Corp. as one of three factors contributing to longer construction times in a housing supply report last month. Along with larger project sizes a…

11 months ago·New York, United States

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castanet.net

+12 Reposted by 12 other sources

Solving shortage of construction workers key to housing growth: experts

Solving a longstanding construction worker shortage will be key to boosting housing supply, experts say, as Canada's national housing agency continues to forecast housing start levels that fall short of growing demand. The growing construction labour shortage was cited by the Canada Mortgage and...

11 months ago·Kelowna, Canada

Solving shortage of construction workers key to housing growth: experts

11 months ago·Canada

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chamblyexpress.ca

The housing crisis is linked to the shortage of construction workers

Resolving the labour shortage in the construction sector will be crucial to increasing the supply of housing...

11 months ago·Saint-Georges, Canada

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Acadie Nouvelle

The housing crisis is linked to the shortage of construction workers

Resolving the labour shortage in the construction sector will be crucial to increasing the supply of available housing on the market, experts argue, while the National Housing Agency of Canada continues to anticipate lower-demand construction levels.

11 months ago

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journalhcn.com

The housing crisis is linked to the shortage of construction workers

Construction labor shortage is essential to increasing the supply of available housing on the market, experts say, as the Canada Mortgage and Housing Corporation continues to forecast lower levels of new construction projects than demand. According to the Canadian Mortgage and Housing Corporation (CMHC), the construction labor shortage is one of three factors that make it so construction times are increasingly longer.

11 months ago·Sept-Iles, Canada

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