Calgary Chamber Raises Concerns over Housing Affordability, Calls for Government Collaboration

The Calgary Chamber of Commerce has released a report expressing concerns over the city’s housing affordability crisis and calling for all levels of government to work together to address the issue. The report found that demand for housing is soaring, outpacing the supply, which is leading to a dramatic increase in real estate costs. The chamber emphasized that affordability has been a crucial competitive advantage for Calgary businesses, and the current crisis is making it increasingly difficult for businesses to attract and retain employees. The chamber is urging the government to prioritize the construction of affordable housing, increase the workforce in the construction industry, and reduce regulatory barriers. The report also highlights the importance of collaboration between all levels of government to effectively tackle the housing affordability crisis.

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