Ontario appears to back away from goal of building 1.5 million homes in 10 years | CBC News
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Ontario appears to back away from goal of building 1.5 million homes in 10 years | CBC News
"Simply put, it takes too long and it costs too much to build infrastructure and homes in Ontario. This legislation continues to build on the work we have done previously to create the conditions (for) homebuilders to do what they do best and that is to build."
"I'm committed to getting shovels in the ground faster. I'm looking at the next six to 12 months to get this thing kick started. The future will be the future. We're in a housing crisis. We get it."
"high costs and economic uncertainty from U.S. tariffs are causing a slowdown in sales for Canada's housing market."
Municipal Affairs and Housing Minister Rob Flack introduced legislation to streamline approvals and allow developers to build homes more quickly. The legislation targets delays and costs by prohibiting Toronto from requiring green roofs, challenging other green standards, accelerating transit-oriented communities, allowing some minor variances as of right, and facilitating faster minister's zoning orders. Flack committed to getting shovels in the ground faster and targeted action over the next six to 12 months, while remaining noncommittal about reaching the 1.5 million homes goal. Housing starts in 2024 and early 2025 were well below the pace needed, with first-quarter 2025 starts at their lowest since 2009, and homebuilders say reduced taxes and fees would help amid high costs and economic uncertainty from U.S. tariffs.
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