The broader context is Canada is on paper a small pop country with sufficiently alright governance to get per capita rich selling shit from ground. The more people you have have, the less that model works, and frankly Canada at 25m in the 00s already passed that point (vs 6m Norway). It doesn't help that... foreign influence have stagnated Canadian fossil/extractive industries development. Trudeau thought it was good idea to aim for 100m Canadians by 2100 (century initiative)... which on paper makes sense - only way for Canada to compete/influence vs US is heft, but of course that means a lot of brown and eventually black people fighting for housing and opportunities in the interregnum.
Unsurprisingly, broken housing market = no one likes that interregnum.