Imposed from above during an economic emergency, rent control played a significant role both in curbing out-of-control inflation and solving the housing crisis Canada was experiencing at the time. A combination of robust rent control and concurrent investments in public housing saw housing prices fall by as much as 30 percent in real terms between 1975 and 1978.
The federal government loosened LMIA requirements, increased immigration, created a surf class the UN described as modern slavery. That all directly affects housing for Canadians who fight for finite land and jobs, as we fail to invest in modern infrastructure like high speed rail to make it sustainable.
One year we brought in 1.4 million people, the US brings in 1/4 that per year and has 10x the density , so 2.5% on a per capita basis.