Home Supply

New Housing Minister Says More Supply Is the Key, Not Lower Prices

New Housing Minister Says More Supply Is the Key, Not Lower Prices

National Times Bureau, May 17, 2025: Canada's new Housing Minister, Gregor Robertson, says the goal isn't to bring home prices down, but to increase supply. In a recent interview, he stated clearly: “We need to deliver more supply,” emphasizing that boosting the number of homes is the federal government’s top priority.Robertson's stance supports Ottawa’s broader housing plan. One major move is the $25-billion Build Canada Homes program, designed to push private developers to build faster. The government is also cutting the Goods and Services Tax (GST) on new homes priced between $1 million and $1.5 million to make them more…
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