PBO

Canada needs another 1.3M homes by 2030 to solve supply and demand gap: PBO – National

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Canada will need to build roughly 1.3 million more new homes than are currently projected to eliminate the gap between housing supply and demand, according to a new report by the Parliamentary Budget Officer (PBO). The figure translates into about 181,000 additional units completed on average each year until 2030, to result in a total … Read more

Heat pump program costs are on track but could jump to $2.7B: PBO – National

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The Parliamentary Budget Officer estimates Ottawa’s program to get homes off heating oil and on to heat pumps could cost $797 million over the course of the program, in line with the budget allocation of $750 million. However, the total cost could reach $2.7 billion if all eligible households successfully apply. The Oil to Heat … Read more