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A new report highlights the widening gap between Ontario’s housing stock and rapid population growth, raising doubts about the Ford government's goal of building 1.5 million homes by 2031. With record immigration and slowing construction, the gap is the largest in over 50 years. Housing applications have significantly dropped, and high municipal fees are further complicating development. Experts warn without immediate action, the housing crisis will worsen, impacting affordability and job growth.
