🏗️ Canada Must Double Homebuilding to Solve the Affordability Crisis
Canada is facing a historic housing shortfall—and the solution is clear: build more homes, faster. According to new national projections, returning to pre-pandemic levels of housing affordability will require an unprecedented scale-up in construction, with up to 480,000 new homes needed annually for the next decade.
That’s nearly double today’s pace of building. And while the goal is ambitious, it’s not impossible—with the right tools, funding, and partnerships in place.
At Lendworth, we understand that affordable housing begins with accessible capital. That’s why we’re stepping up to help developers, builders, and homeowners unlock fast and flexible construction financing at a time when Canada needs it most.
🔍 What CMHC’s New Forecast Means
The latest update from the Canada Mortgage and Housing Corporation (CMHC) highlights the scale of Canada’s housing crisis:
- Between 430,000 to 480,000 new homes are needed annually until 2035 to restore affordability.
- A massive boost in private investment, innovation, and labour productivity is required to meet that target.
- Ontario and British Columbia are among the hardest-hit regions.
- Toronto needs to increase building activity by at least 70% over the next decade.
- Ottawa-Gatineau, Vancouver, and Calgary also face significant supply gaps.
Despite years of rising rental construction, ownership options remain out of reach for many, particularly in Toronto where local incomes haven’t kept up with home prices.
🏡 The Challenge: Delays, Red Tape & Limited Access to Capital
Even with demand sky-high, many developers struggle to get projects off the ground. Regulatory delays, approval bottlenecks, and difficulty accessing construction financing from traditional banks slow everything down.
At Lendworth, we know that timing is everything in real estate. Our equity-based construction and bridge loans are tailored for speed, flexibility, and certainty—so you can build when the market demands it.
💼 How Lendworth Helps Fuel Housing Starts in Ontario
Lendworth is uniquely positioned to support Canada's housing acceleration goals with:
✅ Construction loans for builders and developers
✅ Bridge financing for pre-sale or interim construction phases
✅ Land acquisition funding and equity takeouts
✅ Custom loan structuring for infill, multi-family, and new build projects
✅ Hands-on support from FSRA-licensed mortgage brokers and administrators
We don’t just finance projects—we partner with clients to make housing happen. Whether you're building a duplex, launching a multi-unit development, or pivoting mid-project, our private lending solutions are designed to move fast and close smoothly.
📈 The Road Ahead: Building for a More Affordable Canada
CMHC and private sector economists agree: meeting the housing supply target is possible—but only if more builders, investors, and lenders align around bold, scalable solutions.
Now is the time to act. With interest rates easing and affordability in focus, construction momentum is key to unlocking both economic growth and housing access across the country.
At Lendworth, we’re proud to be part of the solution—empowering builders and investors to move forward with confidence.
🛠️ Ready to Build? Let’s Talk.
📍 Serving Toronto, Vaughan, and All of Ontario
📞 905-597-1225
Affordable housing starts with accessible financing. Let Lendworth help you break ground today.