Canada's sky-high housing prices are crushing buyers

The World

Home prices in Canada rose 50% in 2021, far outpacing housing costs in the US. Canada's population is growing faster than most other industrialized nations, but many living there will never be able to become homeowners. Politicians are worried and are trying to hit the brakes, including banning foreigners from buying property for the next two years. But will it be enough?

Sign up for our daily newsletter

Sign up for The Top of the World, delivered to your inbox every weekday morning.