Solving a longstanding construction worker shortage will be key to boosting housing supply, experts say, as Canada's national housing agency continues to forecast housing start levels that fall short of growing demand.
"However, it's kind of reached a head now, in that there is a lot of work combined with just the reduction of the overall labour force." Canada could need more than 500,000 additional construction workers on average to build all the homes that will be needed between now and 2030, according to a report by RBC assistant chief economist Robert Hogue.
The government said it would encourage more people to pursue a career in the skilled trades and break down barriers to foreign credential recognition, particularly for construction workers.
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