Brian Crombie Radio Hour - Epi 1485 - Canada’s Housing Market: Warning Signs and What Comes Next with Aled ab Iorwerth

Tonight on The Brian Crombie Hour, Brian is joined by Aled ab Iorwerth, Deputy Chief Economist at the Canada Mortgage and Housing Corporation (CMHC), for an in-depth discussion on the state of Canada’s housing market. Together, they explore the surge in mortgage delinquencies and powers of sale, the decline in housing starts, and the pressures facing Toronto’s condo market. Aled shares his insights on how rising interest rates, unemployment, and fiscal deficits are reshaping the market—and warns that capital leaving construction could trigger a boom-bust cycle in the years ahead. This conversation also looks forward: how to boost private investment, reduce development fees, and improve productivity to address Canada’s housing supply shortage.