Ontario should aim to build 1.5 million new homes in the next decade by increasing density in urban and suburban areas and by drastically overhauling how cities approve housing projects, says a new report commissioned by Premier Doug Ford’s government.
The Housing Affordability Task Force makes 55 recommendations aimed at reining in home prices by dramatically boosting the supply of housing. The cost of buying the average home in Ontario has nearly tripled over the past 10 years.
The report is to be released publicly on Tuesday morning, less than two months after Ford and Minister of Municipal Affairs and Housing Steve Clark