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Estimates from the Canadian Mortgage and Housing Corporation suggest 5.8 million housing units need to be built by the end of 2030 to restore housing affordability. That’s 3.5 million more units than the current pace of new home construction.
New research from Efficiency Canada shows that how we build matters. It studies the impact of building codes during this anticipated increase in new housing construction. The findings highlight a unique opportunity to tackle the twin challenges of housing and climate while increasing household affordability.