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Why is Ontario falling behind on its housing targets?
In May 2024, Ontario added 7,062 units, a 23 per cent increase from the same time last year but still roughly 5,400 units fewer than the monthly target. In fact, Ontario hasn't once hit its 12,500 target since 2022, CMHC's numbers show.
Published Jun 21, 2024 at 11:50am
Paul Calandra, Ontario's Minister of Municipal Affairs and Housing, attends Question Period at the Ontario Legislature in Toronto, Tuesday, Nov. 28, 2023. (Chris Young/The Canadian Press)