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Wednesday, August 16, 2023

Lack of housing for newcomers will help 'throttle back' the Waterloo Region economy, new economic forecast warns - Waterloo Region Record

WATERLOO REGION — A growing population without enough housing will help throttle a local economy that is usually more upbeat, a new economic forecast warns.

“Absorbing burgeoning population growth will be a local challenge,” the Conference Board of Canada, a prominent research agency, warns in a report on Waterloo Region released Aug. 8. “High national immigration targets will ramp up pressure on various bits of local infrastructure.”

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Lack of housing for newcomers will help 'throttle back' the Waterloo Region economy, new economic forecast warns - Waterloo Region Record
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