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Altus report reveals 41,000 jobs, $10B at risk in GTA housing market

Daily Commercial News June 30, 2025 1 min read
Construct Connect Canada
Altus report reveals 41,000 jobs, $10B at risk in GTA housing market
AI Article Summary

A report by Altus Group indicates that nearly 50 percent of jobs in the residential construction sector in the Greater Toronto Area (GTA) are at risk without significant intervention. The report, prepared for BILD and the OHBA, highlights that 41,000 jobs and $10 billion could be jeopardized. This situation underscores the urgent need for measures to stimulate the housing market in the region.