Immigration Policy and Housing Crisis

In this conversation Conservative pundit Sabrina Maddeaux and economist Mike Moffatt delve into the recent changes in Canada's immigration policies and their implications for the housing market and population growth. Sabrina and Mike discuss the significant reduction in immigration targets, the impact on housing prices and rents, and the skepticism surrounding the government's ability to meet these new targets. They also explore the methodologies used by various levels of government to determine housing needs and the political ramifications of adjusting housing targets in response to changing population dynamics.

Chapters
00:00 Introduction
01:18 Changes to Canada’s immigration policy
03:30 Impact on the housing market and rents
05:16 Skepticism towards immigration targets
07:15 What if some migrants refuse to leave?
09:25 Is Ontario giving up on its housing targets?
12:00 How does Mike Moffatt’s forecasting work?
13:13 Should housing targets go down?
15:50 Revising the housing targets
17:37 Political risks to backing of home building targets


Links:

Canada Needs to Build 3 Million Homes in 10 Years to Solve the Housing Crisis

'Highly unlikely': Trudeau's immigration plan hinges on millions of people leaving

Baby Needs a New Home: Projecting Ontario’s Growing Number of Families and their Housing Needs

Hosted by Mike Moffatt & Cara Stern & Sabrina Maddeaux

Produced by Meredith Martin

This podcast is funded by the Neptis Foundation and brought to you by the Smart Prosperity Institute.