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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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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...

·Kelowna, Canada
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Rocky Mountain Outlook broke the news in on Thursday, April 18, 2024.
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