Mississauga is taking immediate actionOn January 29, 2025, City Council approved a motion to make housing more affordable just a week after receiving the task force report. This marks a bold step by Mississauga to tackle the housing crisis without delay. In 2024, Mayor Parrish created the Mayor’s Housing Task Force to tackle the growing housing crisis in Mississauga. The task force’s goal was to find ways to make it easier to build more homes by bringing together government and the develo...| City of Mississauga
On Tuesday, Vaughan Mayor Steven Del Duca and Members of Council approved substantial reductions in development charge rates in the name of encouraging development and building more homes for their growing population.Before the reductions, Vaughan had some of the highest development charges in the G...| Storeys
It’s estimated that up to 3,000 condominium units can be moved through the development review pipeline with the proposed development charges deferral.| Storeys
A report released Wednesday finds that the GTA is on track to amass a roughly 235,000-unit deficit in purpose-built rental (PBR) housing supply over the next 10 years, made up of the current and projected shortfall in units. Using comparative pro forma analysis, the report also shows how far targete...| Storeys
The gap between the growth in GTA housing stock and the region's population is the widest it has been in over 50 years, according to the Building Industry and Land Development Association's (BILD's) 2024 GTA Municipal Benchmarking Study.Back in 1972 — the year this data began being collected — the p...| Storeys
Learn about development charges in Canadian real estate — what they fund, who pays, and why they’re key in urban growth.| Storeys
“Development charges increase the cost of homes for everyone. They are a housing tax. During a housing crisis, we don’t think you should raise taxes on housing,” said Housing Minister Sean Fraser of the City of Ottawa’s decision to increase development charges by up to 13% in May.The message, delive...| STOREYS
The Government of Canada's Housing Accelerator Fund is distributing $4.4 billion. We're following the money.| Storeys
Toronto is being rewarded for exceeding its provincially mandated housing targets, to the tune of $114M.Premier Doug Ford announced on Thursday that the money would be provided to Toronto through the Ontario government's Building Faster Fund. For 2023, Toronto was given a target of building 20,900 n...| STOREYS