New government data reveals that since 2019, the federal government’s housing strategy has only financed the construction of around 106,000 homes. Canada Mortgage and Housing Corporation (CMHC) presented data to the House of Commons on the number of residential units that have been built through the strategy since the passage of the National Housing Strategy Act. The strategy aims to support the “progressive realization of the right to adequate housing” and runs until March 2028 with federal funding of $82+ billion. Of this, $3.93 billion is allocated to indigenous and northern housing, and $10.1 billion to housing for women and their children. However, CMHC has stated that the 106,377 units built to date with formal funding under the National Housing Strategy do not represent the total number of homes built, just those formally funded. In a Housing Market Information report, CMHC projected that Canada’s housing stock will increase from around 16 million units in 2019 to just over 18 million units by 2030, contributing to serious housing shortages and a structural mismatch between supply and demand in Canadian housing, particularly as the country continues to attract increasing numbers of immigrants.