For several decades Canada’s population growth rate hovered at about 1.0 percent annually. This rate has more than tripled in a few short years, up to 3.3 percent in 2023.
For several decades Canada’s population growth rate hovered at about 1.0 percent annually. This rate has more than tripled in a few short years, up to 3.3 percent in 2023.
Why not both?
There is no downside to building homes for everyone. There are downsides to not having a large population. More people can be beneficial economically, geopolitically, and socially.
There are significant downsides to a large population, some of which are a function of the buildings required to house them, like how you supply all those homes with electricity. There is absolutely such a thing as too many people and such a thing as too many buildings and/or buildings which are too large.
And we’re nowhere close to those theoretical absolute limits, and likely will never get there as a species.
But not being able to build homes fast enough to match the population growth is detrimental though.
So build more homes.
You can’t scale that overnight, it takes time to train the new workforce to achieve that.
Sure. So get started.
Liberal politician: we hear your complaints about how little affordable homes there are, thats why we are introducing a new dental care plan for seniors!