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How much housing does Canada need? It depends on whom you ask.

CMHC says country requires 5 million units, while PBO puts number at 3.2 million
Montreal’s Bridge-Bonaventure redevelopment project has been in the works for many years. (CoStar)
Montreal’s Bridge-Bonaventure redevelopment project has been in the works for many years. (CoStar)
CoStar News
December 29, 2025 | 10:31 P.M.

The stalled redevelopment of Montreal’s Bridge-Bonaventure sector, a stretch of aging warehouses and industrial lots where consultations began nearly a decade ago, reflects Canada’s struggle to add housing as two federal studies present widely differing estimates of how much the country needs.

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