Accelerating Supply: Driving Housing Growth in British Columbia in an Era of Global Uncertainty
Accelerating Supply: Driving Housing Growth in British Columbia in an Era of Global Uncertainty
While global uncertainty is increasing, housing unaffordability and a lack of supply continues to be a major stressor for British Columbians. With demand rising tariffs from the U.S., the problem is exacerbated as hundreds of thousands of new homes are needed to meet the needs of families, workers, and communities across the province. The challenges are complex and include high construction costs, financial uncertainty, need for supporting infrastructure, outdated permitting processes, labour shortages, and interprovincial trade restrictions, to name a few.
How can business leaders, developers, and government entities work together to address these hurdles and accelerate housing development? What actionable steps can be taken to unlock the potential for growth, ensure affordability, and meet the needs of British Columbians? Does uncertainty at our southern border create new opportunities to focus on investing and building homes and infrastructure to address our housing needs, to grow our economy, and to create jobs in B.C.?
Join us for this conversation with B.C.’s Minister of Housing and Municipal Affairs, the Honourable Ravi Kahlon and Mathieu Laberge, CMHC Chief Economist and Senior Vice-President, Market Insights, to explore these urgent questions and more.
Speakers
The Honourable Ravi Kahlon
Minister of Housing and Municipal Affairs, Government of British Columbia
Mathieu Laberge
Chief Economist & Senior Vice President, Housing Insights, CMHC
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