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submitted 1 month ago by sbv@sh.itjust.works to c/canada@lemmy.ca

Alberta broke housing construction records in 2025 and led the country in housing starts per capita — a massive upswing in homebuilding that comes after a period of similarly massive population growth.

...

Some of Alberta’s advantage comes down to geography. Cities in Alberta tend to be a bit more spread out, said Moffatt, which means you can build outward more easily (though that can come with its own challenges, such as the need to build new water infrastructure to service far-flung suburban neighbourhoods).

In Alberta, developers also don’t need to contend with provincial sales tax, he said, which makes it cheaper to build. 

And, generally, development policy is also friendlier at a municipal level in Alberta, said Moffatt.

...

Some federal policies and programs have also helped move the needle — both in Alberta and elsewhere — such as the federal government’s removal of GST on purpose-built rental housing, and a CMHC program that offers discounted mortgage insurance on certain multi-residential projects. 

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[-] T00l_shed@lemmy.world 12 points 1 month ago

I mean if every other province didn't subsidize the O&G industry I bet there would be a pst

[-] sbv@sh.itjust.works 4 points 1 month ago

It seems like every Canadian housing story will quote Mike Moffat.

I wonder if it helped at all or if they were all snatched by rich housing barons. 

[-] LoveCanada@lemmy.ca 2 points 1 month ago

Not a total surprise. We have a surging population in AB, with the highest intraprovincial migration in Canada. A young and able population with a decent supply of trades workers. And a fully functional Landlord/Tenant board that actually works, plus no rent control on pricing making it VERY popular for the constricted landlords in BC and ON to cash out and bring their capital to build in AB. And single family homes in the cities are 'reasonably priced' compared to those provinces, where you can still buy a decent home for 650k. In the smaller centers, you can still buy a decent very livable home for 350k and in the small towns, under 250k.

[-] Darkonion@lemmy.world 1 points 1 month ago

50 year mortgages on buildings with a 25 year design life. They are just time shifting the problem onto the next generation.

[-] sbv@sh.itjust.works 1 points 1 month ago

Aren't new mortgages still limited to a twenty five or thirty year amortization?

this post was submitted on 29 Jan 2026
23 points (96.0% liked)

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