The cost of buying and renting is driven upward by a scarcity of available homes.
City hall can reduce the cost of building new apartments on expensive lots by zoning for greater density.
Vancouver secured $127 million in cash or in-kind CACs in 2016.
Doug Ford pledged to “open a big chunk” of Ontario’s Greenbelt, then changed his mind.
Instead of ‘affordable housing’ for some, the B.C. government should target housing affordability for all
B.C.’s NDP government plans to spend at least $6.6 billion over 10 years on social housing.
Both New York and London are more than twice as dense as Toronto.
In Toronto the approvals process costs nearly $47,000 per housing unit (on average), compared to $21,000 in Hamilton.
Toronto, Vancouver and other high-demand cities should focus on getting more housing built, at a quicker pace.
City hall should shorten approval timelines for building permits.
Recently 1,000 units initially intended for the rental market have been converted into condo units.