OREA statement on the Ontario government’s development approval roundtable action plan

“Affordable home ownership is one of the most important issues facing young people and families today. Ontario REALTORS® have been saying that creating the conditions for more housing supply is the best solution to ensure the Canadian Dream of home ownership doesn’t slip out of the hands of the next generation.

That is why Ontario Realtors are encouraged with today’s release of the provincial government’s Development Approval Roundtable Action Plan. Ontario Realtors brought forward a number of housing supply recommendations earlier this year including: tying infrastructure investment to better zoning by municipalities for more housing, cutting red tape for a more streamlined development approvals process, and a commitment for home development intensification along transportation corridors. We are very pleased to see all three ideas now incorporated into the Provincial Government Plan. We thank the Government for listening and we encourage them to put these sensible ideas into action.”

- Tim Hudak, CEO for the Ontario Real Estate Association