With the Ontario election campaign in full swing, the major parties have presented their wares to the voters
is a major issue facing Ontarians as the supply is low across the province. Just prior to the election, the PC government passed legislation in an effort to increase the amount of homes across the province. It includes increasing the non-resident speculation tax to 20 per cent, setting a deadline for municipalities to approve zoning changes and spending $19-million to curb the backlog at the Ontario Land Tribunal.
The NDP also pledges to reintroduce rent control and ensure new tenants pay what the last tenant paid. Rent control for buildings built after 2018 was scrapped by the PC government. The plan includes a focus on social housing by building 100,000 units and updating an additional 260,000. Mr. Del Duca’s Liberals are also promising to build 138,000 “deeply affordable” homes that would include supportive housing and homes for Indigenous people. To speed up housing construction, the Liberals plan to give municipalities $300-million over the next five years in an effort to expedite planning processes.The Ontario Greens commit to building 160,000 affordable community rental homes in partnership with co-op and non-profit housing providers.
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