Ontario experienced a decade’s worth of population growth in just three years. We can’t support that growth without building way more homes
The math here is grim: Our population went up by nearly 200,000, yet we started less than 38,000 homes, with the most common type being a one-bedroom or studio apartment.
Record population growth. Falling housing construction. These are the ingredients of Ontario’s housing crisis, which continues to worsen as rents across the Greater Toronto Area exceed $2,000 for a one-bedroom apartment.
The impact of population growth can hardly be overstated. In the last 36 months, the province has experienced a decade’s worth of population growth, growing by 1.2 million people. In the first six months of the year alone, Ontario’s population grew by nearly 200,000.