GTA new home sales dipped in 2022, affected by interest rates, monetary policy
Posted: Jan 27th, 2023In: ConstructionNewsAccording to the Building Industry and Land Development Association (BILD), 2022 saw the Greater Toronto Area (GTA) experience the lowest level of new home sales since 2018. Altus Group, BILD’s official source for new home[...]
Read More about GTA new home sales dipped in 2022, affected by interest rates, monetary policyResidential construction industry raises funds for housing projects for homeless
Posted: Jan 20th, 2023In: ConstructionNewsThe residential construction industry raised more than $1.4 million for construction of two projects in Toronto that provide housing to those who are experiencing homelessness or at risk of experiencing homelessness. The funds were used[...]
Read More about Residential construction industry raises funds for housing projects for homelessToronto city council approves plan to allow for greater density in residential areas
Posted: Dec 21st, 2022In: ConstructionNewsToronto city council has approved a sweeping housing plan that will significantly transform zoning bylaws in an effort to address the affordability crisis. A majority of councillors — 23 out of 26 — voted in[...]
Read More about Toronto city council approves plan to allow for greater density in residential areasToronto’s housing plan could take years to improve affordability for renters: experts
Posted: Dec 20th, 2022In: ConstructionNewsToronto’s recently approved housing plan is a good step forward but it could take years before the increase in supply makes renting more affordable in the city, urban planners and experts say. Toronto city council[...]
Read More about Toronto’s housing plan could take years to improve affordability for renters: expertsFord to Crombie, mayors criticizing housing law: ‘Get on board’ and ‘stop whining’
Posted: Dec 9th, 2022In: ConstructionNewsThe mayor of Mississauga and other municipal leaders who have voiced opposition to a new provincial housing law need to “get on board” and “stop whining,” Ontario Premier Doug Ford said Wednesday in an unprompted[...]
Read More about Ford to Crombie, mayors criticizing housing law: ‘Get on board’ and ‘stop whining’Ontario won’t allow homes to be built on floodplains, Ford says after fed warning
Posted: Dec 5th, 2022In: ConstructionNewsCLARINGTON, Ont. – Ontario has no plans to allow homes to be built on floodplains, Premier Doug Ford said Friday after the federal environment minister warned Ottawa would not provide disaster compensation where development is[...]
Read More about Ontario won’t allow homes to be built on floodplains, Ford says after fed warningOntario’s Bill 23 proposes more homes built faster, but this comes at an environmental cost
Posted: Nov 23rd, 2022In: ConstructionNewsBill 23 proposes to eliminate or weaken many housing development regulations including site plan controls, which keep us and our natural environment safe from the negative effects of poorly controlled development. THE CANADIAN PRESS/Nathan Denette[...]
Read More about Ontario’s Bill 23 proposes more homes built faster, but this comes at an environmental costCanada’s National Housing Strategy: Is it really addressing homelessness and affordability?
Posted: Nov 19th, 2022In: ConstructionNewsIn Canada, just over 10 per cent of households live in housing that is unaffordable, unsuitable or inadequate, and they cannot afford alternative housing in their community. THE CANADIAN PRESS/Darryl Dyck Jacquie Gahagan, Mount Saint[...]
Read More about Canada’s National Housing Strategy: Is it really addressing homelessness and affordability?Ford’s plans worry Niagara conservation authority
Posted: Nov 15th, 2022In: ConstructionNewsGroup of sandhill cranes congregating in Ontario as they migrate THE LAKE REPORT The chief administrator of the Niagara Peninsula Conservation Authority fears agencies like hers may lose the ability to protect vulnerable environments if[...]
Read More about Ford’s plans worry Niagara conservation authorityOntario set to reduce developer charges to spur new home construction
Posted: Oct 31st, 2022In: ConstructionNewsTORONTO – Reducing developer charges, allowing more units on one residential lot, and pursuing rent-to-own programs are among a host of measures Ontario announced Tuesday aimed at tackling the housing crisis. The Progressive Conservative government[...]
Read More about Ontario set to reduce developer charges to spur new home construction