New housing legislation set to impact builders, buyers, and renters in Ontario, focusing on addressing the housing crisis. Key changes include the Rental Renovation Licence By-Law in Toronto to combat 'renovictions' and the implementation of provincial and municipal initiatives aimed at increasing housing affordability and supply.
From streamlining the Ontario Building Code to new short-term rental by-laws in Toronto , here are the biggest changes to housing legislation that will come into effect in 2025.Out with the old and in with the new, as they say. With the new year comes new housing laws and regulations that will impact everyone from builders to buyers and renters across Ontario .
According to the provincial government, the move to increase height regulations is designed to ramp up the construction of new homes and reduce costs over time, while supporting good-paying jobs in forestry, technology, engineering design, and manufacturing.. Prior to the change, mass timber developments were only allowed to climb 12 storeys, but now can rise as tall as 18 storeys, allowing more housing units to be built on a single plot of land.
HOUSING LEGISLATION ONTARIO TORONTO AFFORDABILITY RENTAL REFORM
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ontario MP Named Federal Housing Minister In Cabinet ShuffleZakiya has reported on real estate for Apartment Therapy, Curbed, and Post City Magazines. She also writes a quarterly series for a Canadian design publication.
Read more »
Ontario Allows Taller Mass Timber Buildings, Boosting Affordable Housing ConstructionOntario Building Code changes allow for taller, more sustainable mass timber buildings, aiming to address housing affordability and economic growth.
Read more »
New Affordable Housing Opens in London, OntarioA new 42-unit affordable housing project in London, Ontario, was recently launched, providing homes to those experiencing or at-risk of homelessness. The project received funding from the federal and provincial governments.
Read more »
Ontario Invests $18 Million in Northwestern Ontario HealthcareThe Ontario government is providing over $18 million in funding to support staffing and operations at healthcare organizations in Northwestern Ontario. The funding aims to address ongoing healthcare costs, improve service access, and support diverse populations.
Read more »
New Ontario Science Centre at Ontario Place to open in 2029, auditor general saysThe timeline for opening a permanent new Ontario Science Centre appears to have been delayed, with infrastructure officials telling the auditor general's office the centre is expected to be up and running in 2029.
Read more »
Skills Ontario Urges Funding to Combat Ontario's Skilled Trades ShortageSkills Ontario presented recommendations to the Ontario government during pre-budget consultations, highlighting the critical need to address the province's growing skilled trades shortage. They proposed multi-year funding commitments to expand initiatives, enhance career connections, and increase outreach to attract more individuals to skilled trades.
Read more »