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</html><thumbnail_url>https://policyoptions.irpp.org/wp-content/uploads/2025/08/WordPress-Image-6-4.jpg</thumbnail_url><thumbnail_width>2000</thumbnail_width><thumbnail_height>700</thumbnail_height><description>The Bank&#x2019;s view is that a large, sustained increase in demand is the primary driver of elevated prices. Rapid urbanization underpins this growth. Since 1990, the number of people living in cities in China and India has risen by roughly 500 million, the equivalent of housing the entire population of Canada every 18 months. Despite [&hellip;]</description></oembed>
