Tag: #HousingPolicy
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Toronto’s development charges soared 1,799% since 1999; killing housing starts
Toronto’s development charges have exploded from $5,000 in 1999 (~$10,250 adjusted for inflation) to nearly $195,000 per new house today—a staggering 1,800% increase that’s crushing new construction. This regulatory cost barrier is a primary reason housing starts plummeted 58% and new-home sales dropped 91% in early 2025, contributing to a citywide housing crisis. Without urgent Read more
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5 Landlord Wins That Make Bill 60 a Total Game-Changer
Bill 60 introduces several major changes for landlords under Ontario’s Residential Tenancies Act, aimed at expediting eviction procedures and reducing landlord costs associated with tenant removals. Key Changes for Landlords Shortened Eviction Notice for Rent ArrearsLandlords can now serve an N4 eviction notice only 7 days after rent is overdue, reduced from the previous 14 Read more