“The minister has communicated that the target there, he’s softened, said that target is no longer a hard target, but that we’re going to continue to move forward on building as many homes as we can,” Bethlenfalvy said.

In the spring budget, the province expected to see 71,800 homes built this year — already far off the pace needed to reach 1.5 million, but now it projects an even lower 64,300.

Projections for the next few years are also low, with 70,200 new homes expected next year, 79,600 projected in 2027 and 83,700 expected in 2028.

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