Is Ontario in a housing drought?
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Is Ontario in a housing drought?
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A recent report from the University of Ottawa shows 22 out of the 34 municipalities in Ontario were given failing grades in regards to taxes and red tape restrictions surrounding development acceleration.
And unfortunately, Toronto seems to be wearing that 'F' right on its sleeve, reporting under 120 new condo sales in the month of August - a number that hasn't been that low in decades.
And with the federal government making legislation to increase not just more housing, but affordable housing, how can we reignite builds?
Host Mike Eppel speaks to Residential Construction Council of Ontario President Richard Lyall to get the answers.
Do you have a topic that's confounding you in this economy? We'll be happy to dig into it for you and get you the answers you need. Email us at: rogerspodcastnetwork@rci.rogers.com. Thank you for listening!