How to make Ontario homes affordable
July 2, 2018
There is apparently a four-point plan that would allow Ontario municipalities to increase housing supply and keep homes affordable.
The recommendations come from the Toronto-based Building Industry and Land Development Association (BILD).
"Housing will be a key election issue in the Greater Toronto Area," stated Dave Wilkes, president and CEO, BILD. Municipal elections will be held this fall.
BILD’s plan calls on municipalities to cut red tape on development and building permit approvals; reduce government fees, taxes and charges on new homes; build critical infrastructure; and introduce a “standard of service excellence” for building permits and inspections in order to speed up building and renovations.
The Mayors of Vaughan and Mississauga, and Toronto's Deputy Mayor, have already signed a housing pledge acknowledging that housing is an issue that must be addressed and that they are “committed to engaging in a dialogue with government partners and the development community to expand the amount and types of housing options that are available,” according to Wilkes.
Over the next few months BILD will be calling on all municipal candidates to sign the housing pledge.