Since 2015, we've seen a tremendous increase in immigration, which I think is fantastic. I'm unreformed pro-immigration on that front. The challenge has been that the strength in immigration has led to very rapid population growth relative to what we've experienced in the last 20 years or so. That amplifies some of these stresses in the supply and the delivery of housing supply across the country.
On January 24th, 2022. See this statement in context.