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
Learn how property tax works in Canada, how it's calculated based on assessment values, and what services it supports in your community.| Storeys
The City of Toronto is determined to get more purpose-built rental housing into the pipeline and off the ground, according to a new staff report that was revealed to the public on Wednesday. The report, called Build More Homes: Expanding Incentives for Purpose-Built Rental Housing, throws out some b...| STOREYS
2024 was a remarkably tough year for new condos in the Greater Toronto and Hamilton Area — and anyone invested in them. This is evidenced by the fact that 14 condo projects were cancelled in 2024 alone, according to data provided to STOREYS by research and consultancy firm Urbanation. Those projects...| STOREYS
On Wednesday, Mississauga City Council approved a motion from Mayor Carolyn Parrish to make housing more affordable by temporarily lowering development charges and reducing property taxes for new purpose-built rental housing.The incentives closely follow the release of a report from the Mayor's Hous...| Storeys
