Ontario bill aims to speed up stalled housing developments, boost student housing

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TORONTO — Ontario is proposing to speed up the creation of student housing and allow municipalities to enact 'use it or lose it' policies to force movement on stalled developments, in a new bill aimed at cutting so-called red tape in the home buildin

TORONTO — Ontario is proposing to speed up the creation of student housing and allow municipalities to enact"use it or lose it" policies to force movement on stalled developments, in a new bill aimed at cutting so-called red tape in the home building system.

Calandra has previously indicated that Ontario needed to be building at least 125,000 homes this year, ramping up to at least 175,000 per year in the near future. "We’re not going to micromanage and dictate a one-size-fits-all approach across the province," he wrote in a statement."Municipalities know their communities best – they know where it makes sense to build homes."

 

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