Pierre Poilievre pledges to tie immigration levels to homebuilding

financialpost.com:

The Conservative politician who’s trying to take down Justin Trudeau said that if he’s elected, he would link Canada’s immigration levels to the number of homes being built.

Pierre Poilievre took aim Friday at Trudeau’s housing minister, Sean Fraser, arguing that when Fraser was immigration minister, he oversaw soaring numbers of new arrivals without ensuring the country could properly accommodate them.

“We need to make a link between the number of homes built and the number of people we invite as new Canadians,” Poilievre said, speaking at a news conference in Winnipeg, Manitoba.

He said his Conservative Party “will get back to an approach of immigration that invites a number of people that we can house, employ and care for in our health-care system.” He cited data showing that Canada is now completing fewer homes than it did 50 years earlier, when its population was around 22 million. It’s close to 41 million today.

There were 219,942 new homes completed in Canada in 2022, the most recent year for which complete data is available, compared with 232,227 in 1972, when the country was going through a construction boom.

Poilievre did not say whether he would roll back Canada’s permanent resident target or curb the number of temporary newcomers, such as foreign students. In the past, he has declined to say that he would scale back immigration.

Canada accepted about 455,000 new permanent residents in the 12-month period to Oct. 1 while bringing in more than 800,000 non-permanent residents, a category that includes temporary workers, students and refugees. Canada’s population growth rate of 3.2 per cent means it’s growing faster than any Group of Seven nation, China or India.

Many economists have also criticized the