Policy
Conserving Ontario's Natural Heritage
Regulation Number(s):
N/A
Instrument Type:
Policy
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.
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:
Through this posting, we are seeking input on anticipated benefits or costs from businesses that may be impacted by the policy approach being considered to better help the Ministry understand the real costs or cost savings.
Further Information:
Link to Environmental Registry
Proposal Number:
22-MNRF013
Posting Date:
October 25, 2022
Comments Due Date:
December 30, 2022