Building permit approval timelines averaged almost 18 months in Toronto and 21 months in Vancouver.
Ontario’s housing plan limits rent increases to 1.5 per cent annually.
Without the OMB as a scapegoat, councillors must now make tough decisions themselves.
It takes nearly two years, on average, to obtain building permits in Vancouver.
It takes 21 months (on average) for homebuilders to obtain building permits from Vancouver City Hall.
Metro Vancouver’s housing crunch exists primarily because there aren’t enough new homes getting built.
In Vancouver, it takes almost two years, on average, to obtain a building permit.
In 2016, average rents in Montreal were $835 a month compared to $1,242 in Toronto and just under $1,300 in Vancouver.
There's plenty of room to grow upwards by adding more homes within the city’s existing urban footprint.
Between 2000 and 2016, average mortgage interest rates fell by almost two-thirds.