Trudeau’s Immigration Cut Will Narrow Housing Gap, Watchdog Says

Prime Minister Justin Trudeau’s plan to restrict inflows of newcomers will narrow the country’s gap between housing supply and demand, according to a budget watchdog.

If Trudeau is successful in curbing immigration over the next three years, that would reduce the housing gap in 2030 by 534,000 units, or 45%, said the Office of the Parliamentary Budget Officer, which provides independent analysis to help lawmakers scrutinize the government’s activities.