Toronto once again has, by far, the most cranes out of any city in North America, according to a new report.Whether you're for it or against it, every Torontonian can agree it feels like there's now a new towering development going up on every block. As it turns out, that sense of increased high-rise development is entirely justified, as Toronto has now doubled its number of cranes compared to before the pandemic.
"The residential sector continues to see the most consistent growth in crane count, up seven more cranes this quarter, however, the hospitality sector has dropped by four cranes in the past six months," the report says of Toronto. "It’s worth noting that behind the relatively consistent crane counts, there’s been a very active ongoing construction scene, with over 50 new projects introducing cranes in the past six months.
The government of Ontario has been laser-focused on getting municipalities to increase their housing starts, implementing some often-contested tactics to do so. From holding forced refunds of application fees over the heads of municipalities for not approving development applications quickly enough to unveiling the— a $1.
The provincial government plans to restore 7,400 acres of land to the Greenbelt, and make it more difficult to change the boundaries of the protected area moving forward.The Province will introduce the Short-Term Rental Accommodations Act with actions similar to what other governments in North America and beyond have done.To make inroads in the housing crisis plaguing our cities, we must focus squarely on systemic issues, particularly at the municipal level.
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