Federal government overestimating impact of reduced immigration on housing supply, says PBO report

By Anosha Khan ( November 15, 2024, 3:27 PM EST) -- The Office of the Parliamentary Budget Officer (PBO) is predicting that the federal government's decision to sharply cut immigration levels from 2025 to 2027 will significantly improve the availability of housing in Canada, leading to an estimated 45 per cent reduction in the housing gap by 2030....