Canada must double annual housing starts to tackle housing affordability crisis, says CMHC report. It estimates the need for 430,000-480,000 units yearly until 2035, up from 250,000. Affordability declines seen nationwide, with sharp increases in house price-to-income ratios in major cities. Various regions require significant housing boosts. Report calls for workforce expansion, private sector investment, and productivity improvements in construction industry. PM Carney appoints former Vancouver mayor to address housing challenges.
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