While many cities across the country struggled with acute housing shortages, more than one in four of Canada’s urban neighbourhoods declined, according to a new study.
“Making Room for Growth, Housing Intensification in Canada’s Cities,” published by the Fraser Institute on June 8, said despite policymakers knowing there is a lack of new housing, some cities are seeing a decline in housing units in more than one-quarter urban neighbourhoods.
“As Canada struggles to close the gap between the number of homes needed and the number built, its communities are faced with two options to increase housing supply: spreading outward, by adding new neighbourhoods at the urban fringe, or becoming more dense, by allowing more homes to be built within existing neighbourhoods—a process called “intensification,” says the report….