Source: Facebook For Prime Minister Justin Trudeau to fulfil his ambitious promise to build nearly four million new homes by 2031, over $750 billion would need to be spent on developing infrastructure. To return to 2004 levels of housing affordability, over $100,000 would need to be spent per home on infrastructure alone, according to a new report from the Canadian Urban Institute. Canada’s housing affordability reached an all-time low in April. The Canada Mortgage and Housing Corporation concluded that Canada would require an additional 3.5 million houses built by 2030 to return to affordability seen in 2004. At the rate of construction seen in 2022, when the corporation issued its an
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