3 perspectives on Toronto’s economy and housing market

CIBC World Markets managing director and deputy chief economist Benjamin Tal discussed the housing affordability crisis in Canada, emphasizing the need to reduce demand and build faster. Zonda's chief economist Ali Wolf highlighted the housing shortage in Toronto due to limited land and slow development timelines. Devron's president Pouyan Safapour suggested a shift towards building larger, higher-quality condo units to meet the demand and improve the market.