Rezoning for transit oriented development is the key to new housing supply
According to a new report from the Centre for Urban Research and Land Development, there’s plenty of space for new transit oriented development, but outdated city bylaws are preventing new housing from being built.
If Toronto property taxes spike should the municipal land transfer tax be eliminated?
Ever since a new report came out about how there’s room to increase Toronto’s residential property taxes, I’ve seen a lot of different opinions surface. Here’s what I think...
Is it time to consider increasing Toronto’s property taxes?
The Centre for Urban Research and Land Development released a new report recently about how much room Toronto residential property taxes have to grow...and you’re not going to like it (if you live in Toronto).
CHBA recommends 5 ways to address housing affordability challenges
At the end of February, the Canadian Home Builders’ Association Day on the Hill took place, where CHBA met with members of parliament and senators to provide potential solutions to the housing affordability challenges Canadians face across the country.
4 ways to make buying a home easier for first-time buyers
I recall seeing young couples buying new detached homes in Brampton, Markham, Mississauga, Oakville, Oshawa, all across the Greater Toronto Area and surrounding regions. Today, I’m seeing fewer and fewer first-time buyers, even in new condo sales centres.
Canada investing $638 million to address Indigenous homelessness and housing affordability
The Government of Canada recently announced a $638 million investment in creating, supporting, and maintaining safe and affordable housing for Indigenous peoples across the country.
Ontario making strides to fix Tarion’s ‘broken system’
The Ontario government recently announced that they are in the process of fixing Tarion Warranty Corporation’s “broken system” in an effort to better protect new home buyers.
It’s time for Toronto to get creative with public-private partnerships
Sidewalk Labs offered to invest billions to build transit and essentially lay the groundwork for future development in the Port Lands area in Toronto. All they wanted in exchange was...a cut of property taxes and development fees.
Governments and corporations own just 7% of residential properties in Ontario
The Canada Mortgage and Housing Corporation recently released highlights of its latest Housing Market Insight report, which focused on individual and non-individual residential property ownership.
What can Toronto learn from Montreal about family-friendly condo development?
A recent article in the Montreal Gazette caught our eye because it referenced how “Some condo towers in Toronto now include indoor playgrounds, and even maker spaces where kids (and adults) can work on arts and crafts.” The writer says this is “genius.”