Canadian Housing Supply Problem Far Overstated: BMO Report

#canadianrealestate #canadarealestate #canadianelection Canada’s Housing Supply problem has been far overstated by Canada’s politicians – this according to a new note coming from the Bank of Montreal. Links: Canadian Real Estate Shortage Overstated, Condos Won’t Fix Costs: BMO: https://betterdwelling.com/canadian-real-estate-shortage-overstated-condos-wont-fix-costs-bmo/ Carney unveils signature housing plan he says will double pace of home building in Canada: https://www.cbc.ca/news/politics/carney-double-pace-home-building-1.7497947 Poilievre promises to build 2.3M homes over next 5 years: https://globalnews.ca/video/11141516/poilievre-promises-to-build-2-3m-homes-over-next-5-years As Canada's election looms, the stakes for housing couldn't be higher: https://www.mpamag.com/ca/news/general/as-canadas-election-looms-the-stakes-for-housing-couldnt-be-higher/533027 Supply is the only cause and solution to Canada's housing woes — it's time to be bold: https://financialpost.com/real-estate/supply-is-the-only-cause-and-solution-to-canadas-housing-woes-its-time-to-be-bold Estimating the Structural Housing Shortage in Canada: Are We 100 Thousand or Nearly 2 Million Units Short?: https://www.scotiabank.com/ca/en/about/economics/economics-publications/post.other-publications.housing.housing-note.housing-note--may-12-2021-.html Federal leaders united on need for more housing supply: https://www.elliotlaketoday.com/2025-federal-election-news/federal-leaders-united-on-need-for-more-housing-supply-10561640 It’s not that we have too many people. It’s that we have too few houses: https://www.theglobeandmail.com/opinion/article-its-not-that-we-have-too-many-people-its-that-we-have-too-few-houses/ Canada has lowest housing units per capita in G7: https://www.canadianrealestatemagazine.ca/news/canada-has-lowest-housing-units-per-capita-in-g7/ BMO chief economist denies Canada’s housing supply ‘myth’: https://www.theglobeandmail.com/investing/markets/inside-the-market/article-bmo-chief-economist-denies-canadas-housing-supply-myth/ Canada’s Oldest Bank Begs, “Could we PLEASE Stop With This Supply Myth?”: https://betterdwelling.com/canadas-oldest-bank-begs-could-we-please-stop-with-this-supply-myth/ Election 2021: Liberals promise to build 1.4 million new homes, ban foreign home ownership: https://vancouversun.com/news/politics/election-2021/election-2021-liberals-promise-to-build-1-4-million-new-homes-ban-foreign-home-ownership Main federal parties all say they'll make housing more affordable. Here's what we know about their plans: https://www.cbc.ca/news/politics/affordable-housing-2021-election-1.6145799 Canada Mortgage and Housing Corporation, housing starts, under construction and completions, all areas, annual: https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=3410012601 Homebuyers get some affordability relief but strains endure” https://thoughtleadership.rbc.com/homebuyers-get-some-affordability-relief-but-strains-endure/ Federal Elections 2021: Assessing the Housing Policy-Palooza: https://www.movesmartly.com/articles/federal-elections-2021-assessing-the-housing-policy-palooza Supply constraints drive home prices in Canada: https://www.fraserinstitute.org/commentary/supply-constraints-drive-home-prices-canada Canadian Housing Demand and Prices Slide Further in March: https://creastats.crea.ca/en-CA/ Income of individuals by age group, sex and income source, Canada, provinces and selected census metropolitan areas: https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1110023901 Mark Mitchell – Mortgage Broker London Ontario 920 Commissioners road east London, Ontario N5Z 3J1 Phone: (519)860-2102 (Call or Text) MarkMitchell@LondonOntarioMortgages.ca Brokerage Lic: 10464 Broker Lic: M16001479 https://www.LondonOntarioMortgages.ca – Apply Online!! Youtube Channel: https://www.youtube.com/c/MarkMitchellMortgageBrokerLondonOntario Subscribe NOW for more Mortgage/Financial News/Videos. Follow me on Social Media: Instagram - https://www.instagram.com/mortgagebrokerlondonontario Facebook - https://www.facebook.com/londonontariomortgages Twitter - https://twitter.com/londonmortgage1/ LinkedIn - https://www.linkedin.com/in/mark-mitchell-london-s-mortgage-broker-197842123/ TikTok - https://www.tiktok.com/@mortgagebrokerlondon?lang=en Commentary on this Channel should not be considered financial advice.