Canada's housing crisis, a national concern that has led to immigration policy changes, has been recognized as the most significant news story of 2024 by The Canadian Press.
OTTAWA — Canada 's housing shortage, widely recognized as a national crisis and the catalyst of significant immigration cuts, is The Canadian Press News Story of the Year. More than a quarter of 96 editors surveyed voted for the housing shortage as the most consequential story of 2024. The Jasper wildfires came in second place, while tensions between Canada and India received the third greatest number of votes for news story of the year.
Record population growth has pushed rents and home prices up in communities across the country, prompting even the Bank of Canada to sound the alarm over the country’s lagging housing supply. Municipalities are grappling with an increase in homeless encampments and too few social housing options for their most vulnerable residents. “The housing shortage, often referred to as a 'crisis' has commanded the focus from every level of government for the entire year, and continues. Funding promises and attached conditions have fuelled debates. And the clamour has pushed a change in immigration policies,” wrote Patty Handysides, a radio news talk host for AM800 CKLW. Housing affordability bubbled into a major political liability for the Liberals as Conservative Leader Pierre Poilievre pounded the government over the cost of living and critics scrutinized federal immigration policy. Canada’s population has grown at a whopping three per cent annual pace, largely due to a massive influx in non-permanent residents, which includes temporary foreign workers and international students. For comparison, annual population growth was less than 1.5 per cent between 1998 and 2018. The Canadian Press reported in January that internal documents obtained through an access-to-information request showed federal public servants warned the government two years ago that large increases to immigration could affect housing affordability and service
HOUSING SHORTAGE IMMIGRATION ECONOMY CANADA POLITICS
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