industry-insightsCanada’s Push to Build Residential - Budget 2025 and Bill 17
Housing prices can drift down in 2025 and we can still be in a housing crisis. The issue isn’t just demand, it’s supply and Canada needs hundreds of thousands more homes every year for a decade. Budget 2025 and Ontario’s Bill 17 are big swings: cheaper capital for multi-unit builds, faster approvals, and a push for more efficient delivery (including modular). Here’s what these policies do, and what execution risks remain.