Ontario passes housing bill it says is needed to build 1.5 million homes in 10 years

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Municipalities are asking the provincial government to help them cover the lost developer fees

Municipal Affairs and Housing Minister Steve Clark said meeting that housing goal — especially important as Canada adopts new higher immigration targets — will be a challenge so it requires “bold and transformative” legislation like Bill 23 and also opening up of parts of the GTA Greenbelt for new home construction.Sign up to receive daily headline news from the Ottawa SUN, a division of Postmedia Network Inc.

Liberal Leader John Fraser, commenting on the response of PC MPPs to the passing of Bill 23, said, “I never thought I would see the day that a Conservative government would give a standing ovation for raising people’s taxes.” While municipalities across Ontario are asking the provincial government to help them cover the lost developer fees, Clark said he’s hopeful that the $4-billion federal Housing Accelerator Fund can be used for this purpose.

“And the renters no longer have the right to return to their unit at about the same rent as they paid before,” Bell said. “It will be very bad for affordability. Bill 23 is very bad for renters.”

 

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