Ontario housing minister Paul Calandra announced the new Provincial Planning Statement at the Association of Municipalities of Ontario conference on Tuesday, saying it would lay the groundwork for a long-term housing building boom.
Ontario's housing minister announced a new set of planning rules Tuesday, which he said will set the stage for a "long-term building boom."Ontario housing minister Paul Calandra announced the new provincial planning statement at the Association of Municipalities of Ontario conference on Tuesday, saying it would lay the groundwork for a long-term housing building boom.
Calandra's comments come as the province's housing tracker shows Ontario is still far off the home building pace needed to meet the Progressive Conservative government's pledge of building 1.5 million homes by 2031.Ontario has not yet met any of its annual targets toward its goal of 1.5 million homes, though it came very close last year after it started counting long-term care beds.
" ensures that even though housing starts have been impacted by global uncertainty and high interest rates, we are laying the groundwork for a long-term building boom as economic circumstances improve," he said.To pay for affordable housing, some non-profits bypass banks and get loans from their neighbours
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