Budget office sees modest boost in housing supply from Build Canada Homes
AI Article Summary
The parliamentary budget office has released a new analysis indicating that Ottawa's housing agency, Build Canada Homes, will only modestly increase the housing supply. The report suggests that the agency will not fully address the gaps in the current housing market needs. The study highlights the limitations of the agency's impact in terms of adding housing units.
What This Means for Canadian Contractors
For Canadian builders, this means that while there might be some increase in demand for new housing projects, the overall impact on permits and funding may not be significant. This project shows how government initiatives can play a role, albeit limited, in influencing market dynamics. Builders should remain cautious about relying solely on government programs for project viability.
