Predicting the Future in Government Planning
The text discusses how governments must forecast conditions for informed decisions and planning. It notes individuals cannot predict future events, while governments attempt foresight, though it implies limitations on such efforts.
CMHC models Canada housing needs toward century’s turn
researchers use a crystal ball style model combining birth rates marriage and divorce, immigration and migration with housing stock to forecast Canada’s future. the study predicts a peak in housing demand mid 1980s then a decline toward century end with regional growth differences in alberta and british columbia.
MENTIONED IN THIS ARTICLE
Central Mortgage and Housing Corporation
Canada
CMHC
Newfoundland
Qubec
Ontario
Manitoba
Albert's
British Columbia
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