Housing & Demographic Metrics

Report Reference: AUDIT-HOUS-2026-002

Structural Deficit

Analysis of CMHC completions against net demographic expansion indicates a compounding supply deficit exceeding 3.5 million units by 2030.

Key ConstraintInelastic housing supply relative to demographic velocity.

Elasticity Assessment

Labor and regulatory bottlenecks currently limit housing starts to a maximum threshold of approximately 250,000 units per annum.

StatusResource Constrained

Auditor Statement

"The current ratio of new residents to new housing units has diverged from historical norms, presenting a material risk to long-term social and economic stability."

— Office of the National Audit