New home construction has slowed in Ontario. Here’s whyNewsDuration 5:03Construction began on 5,589 homes in Ontario last month, fewer than in any April since 2018. That’s putting Premier Doug Ford's government further off track from hitting its housing targets. As CBC’s Mike Crawley explains, industry experts say interest rates are the primary factor driving the slowdown.

Source: CBC News May 22, 2024 03:00 UTC