Legislative and regulatory proposals affecting conservation authorities to support the Housing Supply Action Plan 3.0
Regulation Number(s):
N/A
Instrument Type:
Regulation - Minister
Bill or Act:
More Homes Built Faster Act, 2022
Summary of Proposal:
Everyone in Ontario should be able to find a home that is right for them. But too many people are struggling with the rising cost of living and with finding housing that meets their family's needs.
Ontario's housing supply crisis is a problem which has been decades in the making. It will take both short-term strategies and long-term commitment from all levels of government, the private sector, and not-for-profits to drive change. Each entity will have to do their part to be part of the solution to this crisis.
Ontario needs more housing, and we need it now. That's why the Ontario government is taking bold and transformative action to get 1.5 million homes built over the next 10 years.
To support More Homes Built Faster: Ontario's Housing Supply Action Plan 2022-23, the government introduced the More Homes Built Faster Act, 2022, which, if passed, would ensure that cities, towns, and rural communities grow with a mix of ownership and rental housing types that meet the needs of all Ontarians.
These changes are providing a solid foundation to address Ontario's housing supply crisis over the long term and will be supplemented by continued action in the future.
See the Environmental Registry of Ontario notice for the complete details of the proposal.
Analysis of Regulatory Impact:
We expect that there will be some minor administrative costs for conservation authorities and municipalities based on the time needed for staff in the short-term to learn about and understand the proposed legislative and regulatory changes.
Through this posting, we welcome comments on anticipated benefits or costs to better help the Ministry understand the real costs or cost savings associated with these proposed changes.
Further Information:
Proposal Number:
22-MNRF010
Posting Date:
October 25, 2022
Comments Due Date:
November 24, 2022