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Canada undercounted non-permanent residents by 1M, possibly worsening housing crisis: CIBC

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The Canadian population recently reached the milestone of 40 million. But the number of non-permanent residents in Canada could be underestimated by about an additional one million, according to a new CIBC report.

That would mean government policies, especially surrounding housing, aren’t based on real statistics.

Global's Mackenzie Gray explains how this alleged oversight could be problematic for Canada's housing crisis.

For more info, please go to https://globalnews.ca/tag/housing-market/

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Category
U.S. & Canada
Tags
global news, housing crisis, canada housing
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