Can Canada Double Housing Starts to Fix Affordability?

Canada’s January housing starts fell to ~238K, below the ~257.5K forecast.
Starts declined 15% MoM, with non-seasonally adjusted starts down 3.5% MoM.
2025 total starts reached 259,028 units, up 5.6% yearly, led by rentals.
December posted a strong rebound, but momentum faded late in Q4.
CMHC says 430K–480K annual starts are needed to restore affordability.