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A new study shows that, not only has the pace of homebuilding failed to keep up with Canada’s record post-COVID population growth, its been stuck at early 1970s levels.
This was driven by a surge in international migration (Chart 2-A). Meanwhile, the composition of immigrants coming to Canada has changed considerably since 2015. Historically, growth of the immigrant ...
While TFP growth has declined steadily since the 1960s, it rebounded in the 2010s (Chart 3 ... 29 and under in the total population (see the Appendix) Start of projection: 2024 Population projections ...
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