Baku 23° C
CMHC official: Canada needs $1 trillion to solve housing crisis
Infrastructure
- 20 May, 2026
- 14:32
Canada requires approximately $1 trillion to address its affordable housing crisis, Vice President for Policy at the Canada Mortgage and Housing Corporation Lindsay Neely said at WUF13 in Baku.
According to Report, Lindsay Neely stated that in order to restore housing affordability in the country by 2035, Canada needs to build between 430,000 and 480,000 new housing units annually.
Author
Latest News
20:43
EIA keeps Azerbaijan's 2027 oil production forecast unchanged
Energy20:23
AZAL crash issue fully resolved between Azerbaijan, Russia — envoy
Foreign policy20:19
Fidan, Barrot discuss Strait of Hormuz, Ukraine and Middle East
Region19:59
EU allocates €114.7 million to Spain after Ceuta border crossings
Other countries19:42
Armenian gov't plans to acquire 100% of Electric Networks of Armenia
Region19:29
Three more climbers found dead after avalanche in Kabardino-Balkaria
Region19:19
Photo
MoD: Staff Talks held between Azerbaijan and Uzbekistan
Military19:03
Türkiye, Russia discuss South Caucasus and Ukraine conflict
Region18:51
Photo