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Housing crisis intensifying in Canada, government warns

Conservative prime minister candidate Pierre Poilievre highlights report focused on worsening conditions days before federal election
Conservative Party leader Pierre Poilievre referenced a report written by a government agency warning of major future hurdles in Canada. (Conservative Party of Canada)
Conservative Party leader Pierre Poilievre referenced a report written by a government agency warning of major future hurdles in Canada. (Conservative Party of Canada)

Within 15 years, homeownership in Canada could become so financially difficult that it will lead to “intergenerational mortgages,” and the country will increasingly see “several generations of family living together,” to afford housing, a federal government organization tasked with predicting future trends says.

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