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.