Of course it is. More people more demand.

They also contribute to a stronger economy, which is why the government allows the immigration.

Ahh immigration - the most sensational, convenient, uncritical, and least interesting aspect of the housing affordability issue in Canada. Seems on-brand for CBC

This is the best summary I could come up with:

Federal public servants warned the government two years ago that large increases to immigration could affect housing affordability and services, internal documents show.

The federal government ultimately decided to increase the number of permanent residents Canada welcomes each year to 500,000 in 2025, a decision that drew considerable attention and scrutiny.

"Settlement and resettlement service providers are expressing short-term strain due to labour market conditions, increased levels and the Afghanistan and Ukraine initiatives."

Experts spanning from Bay Street to academic institutions have warned that Canada's strong population growth is eroding housing affordability, as demand outpaces supply.

Deputy governor Toni Gravelle delivered a speech in December warning that strong population growth is pushing rents and home prices upward.

Mikal Skuterud, an economics professor at the University of Waterloo who specializes in immigration policy, says the federal government appears to have "lost control" of temporary migration flows.

The original article contains 828 words, the summary contains 145 words. Saved 82%. I'm a bot and I'm open source!