A new high-level report by Ontario’s Housing Affordability Task Force has once again stressed the core role of improving housing supply to ensure more reasonable price levels, recommending a provincial target of adding 1.5 million homes over the next 10 years.
To facilitate the development of this boosted supply, the report called for changes to planning and zoning policies – changes that would “allow for greater density and increase the variety of housing,” the task force said.
Cutting the red tape and streamlining urban design rules will help lower costs of development. Another important step is to depoliticize the approvals process to address the “not in my backyard” mentality, the task force said.
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