Toronto Mayor Olivia Chow unveiled her version of the 2025 budget on Thursday morning, which shows that she’s sticking with the 6.9% residential property tax increase that was floated earlier this month. That figure includes 5.4% intended to support the City’s operating budget for the year, as well ...| Storeys
In exchange for investing in financial incentives to drive development, the City of Toronto has been allocated $2.55 billion in low-cost financing by the federal government to speed up the delivery of 4,831 rental homes, including a minimum of 1,075 affordable rental homes. The funding comes from th...| 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
Over the last twelve months, many industry professionals have shifted their focus from the embattled condo market to creating more purpose-built rentals.| STOREYS
