The Missing Middle with Mike Moffatt and Sabrina Maddeaux
Will Reduced Immigration Solve the Housing Crisis?
Mar 26, 2025
A gripping discussion unfolds around Canada's new immigration policies and their surprising effects on the housing market. The hosts tackle how reduced immigration targets may worsen housing prices and rents. They express skepticism about the government's ability to achieve these targets, especially with the complexities of regional housing demands. Insights into forecasting housing needs reveal alarming gaps, while political implications surface as young voters voice concerns over affordable homes. It's a heated exploration of immigration, housing, and the politics that bind them.
20:00
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Canada's immigration policy change, reducing annual targets significantly, is expected to affect housing prices and stabilize the market dynamics.
- Skepticism surrounds the government's ability to manage existing non-permanent residents and meet future housing targets amidst reduced immigration numbers.
Deep dives
Significant Shift in Immigration Policy
Canada is experiencing a drastic change in its immigration policy, leading to a significant reduction in the expected yearly population growth. The federal government has reduced the annual target for permanent residents from 500,000 back to around 350,000, which translates to 150,000 fewer people entering the country each year. Furthermore, the non-permanent residency numbers are declining sharply, dropping from approximately 3 million to a projected 1 to 1.5 million. This marks a transition from a growth model to one with nearly no net population increase, posing challenges for housing and infrastructure development.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
