If we look at the cost of construction as a whole, we see that regulations, regulatory timelines and taxation play a role, but there has also been an increase in materials costs that is particularly significant for smaller units.
Chief Economist and Senior Vice-President, Housing Insights, Canada Mortgage and Housing Corporation
If we look at the cost of construction as a whole, we see that regulations, regulatory timelines and taxation play a role, but there has also been an increase in materials costs that is particularly significant for smaller units.
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