Housing construction starts stagnant in Canada's major cities, despite growth in apartment construction: CMHC Report

In Canada's six largest cities, 2023 started with stagnated housing construction, with a 20 per cent drop in the construction of single-detached homes compared to the year before. In a report released by the Canada Mortgage and Housing Corporation (CMHC) on Wednesday, housing started with a dip of 0.5 per cent in 2023, with 137,915 units built in Montreal, Toronto, Ottawa, Edmonton, Vancouver and Calgary.Download the CTV News App for breaking news alerts and video on all the top stories Top busi