The crane count is coming down across the Greater Toronto and Hamilton Area (GTHA), a symbol of what’s been happening in the residential construction industry.

There were 235 cranes atop buildings across the region as of Jan. 1, according to a tracking and analysis tool of UrbanToronto (UT), a website that covers construction development and real estate. That’s a drop of 44 cranes from the 279 that...

Driving faster in the wrong direction won’t get you to the right destination. To make progress you need to follow the correct path.

The same can be said for the housing supply and affordability crisis that we are presently facing. For years, we’ve been off track. And, as a result, we now find ourselves in a predicament.

The truth of the matter is that exorbitant taxes, fees and levies, including sky-high...

Brace yourself. Affordability of housing continues to deteriorate, and latest reports indicate the situation could get worse before it gets better, causing a huge hit to the Canadian economy.

Far fewer Canadian cities meet the traditional affordability benchmark where housing costs are less than 30 per cent of household income, recent data from prop-tech company Zoocasa revealed.

Reports indicate that...