Canadians are living through this housing hell because Trudeau has failed to build enough homes for Canadians to live in. This was confirmed again today by the Parliamentary Budget Office, who reported that Canada needs 1.3 million more homes than what is already forecasted to be built to restore affordability. This confirms previous projections from Justin Trudeau’s own housing agency who reports that Canada needs to build 5.8 million homes by 2030.

This means that Canada needs to complete 436,000 units annually. But Justin Trudeau is not building anywhere near to enough homes to keep up with demand. So far, the record number of housing completions that Trudeau has achieved is 242,000 units.

As a consequence of this, the share of Canadians who can afford to buy a home has shrunk significantly, with RBC estimating that only 26 percent of all households can afford a single-detached home at today’s prices. That’s down from 49% two decades ago.

Mortgage rates have also become unaffordable. According to a report from Zoocasa, over the last ten years, average monthly mortgage payments increased in every city analyzed, with the majority of cities’ mortgage payments increasing by more than $1,000 and four cities increasing by more than $3,000 since 2013.

Meanwhile, the vacancy rate for rental apartments has plummeted to 1.5 percent.

Thanks to this, Canadian renters paid $100 more on average a month last year.

Nobody can afford this.

Only Common Sense Conservatives have a plan to build the homes by linking federal infrastructure money to homes built.