And tax—thank you, member for Waterloo. I know that your constituents care about that.

A few other changes: This government is looking at changing development fees. It seems like, once again, you have realized the error in your ways. You’ve just been rushing this legislation through so quickly. You’re not doing the necessary due diligence. So you are choosing to respond to municipal concerns, and you are allowing municipalities to gradually refund zoning bylaw and site plan application fees if a municipality fails to make a decision within specified time periods. You were originally going to require municipalities to refund fees starting on January 1, 2023, but you’re extending that to July 1, 2023. So you’re giving municipalities the six months’ reprieve. It’s a small change, but the reason why I want to bring it up is because it really does speak to the need for this government to be more diligent, for this government to do proper stakeholder feedback, especially with AMO. It speaks to the need for this government to be more organized in how it introduces bills and just the lack of coordination. You represent 14 million people, so it’s extremely important that you do the necessary research and the public consultation so that you get it right, so we don’t see this process where you’re heading here one way, here another way, here another way. It has led some commentators in the news to muse that this government actually doesn’t know what it’s doing when it comes to housing—that’s a TVO reporter who just said that. Let me tell you, that’s not praise.

There are a few other changes here. One, there are some changes to farm properties. Additional residences will be permitted on farm properties, up to two additional on one parcel and up to three additional residential parcels. We’re still reaching out to residents and groups to see what people’s take is on this. We can see some pros; we can see some cons. So I’m curious about that. What does it mean? What do people think about it?

There are some proposed changes to employment lands as well. It looks like the government is looking at making it easier to convert employment lands, like retail or commercial, into housing.

And the definition of employment areas: It looks like you’re looking at changing it, in both the Planning Act and the new provincial policy statement as well as with Bill 97. It does look like new employment focus will be on uses that cannot be put in mixed-use areas such as heavy industry, manufacturing or large-scale warehousing. So essentially, my take is that this government wants to make it easier to convert retail and commercial office space into housing. That’s my take on that.

We’re also securing stakeholder feedback on this. I can see some pros and cons to this. I’m very open-minded about it, because the need for housing is great. Housing supply is a real issue, and employment patterns have certainly changed. Vacancy rates in offices, including in downtown Toronto, are still very high. There is a lot of vacant space there. My caution is that it is important that we think about what employment land is needed, not just now but 20 years from now, 40 years from now, because the pandemic certainly is an unpleasant chapter, and as we move away from it, it will be in the history books. That’s the goal, and it’s very important that we don’t make any rash decisions now to get rid of large chunks of employment land if, as our population grows, we need to return, we need some more employment land in the future. So I urge caution there and a need to ensure there’s balance there.

In conclusion, I do want to say a few things. One is that it is good to see that the government is acknowledging that we have a housing affordability crisis and that it’s not just a housing supply crisis. We certainly have a housing supply crisis; we do need to build 1.5 million homes in 10 years. There are people who are living in their parents’ basement. There are families who are two, three families living in a rental apartment. And we know immigration has reached record levels. So there is absolutely a need to build more homes, but it is also essential that we are very mindful and ensure that government uses the right kind of incentives and regulations and rules to build the kind of homes that are for Ontarians and ensure that the homes that we build are in line with what people in Ontario—not just investors, but people in Ontario—need.

That means more two-, three-, four-bedroom homes and apartments in areas people want to live in, in areas already zoned for development. It means ensuring that there are good services—transit, schools, daycare, community centres, supermarkets, nearby jobs, places of faith—that are near where people live. And it is important that we really focus on the segments of our population in Ontario that are really struggling to find that home that they can afford: low- and moderate-income people; seniors who are looking at downsizing; students and families that can’t make it work in a one-bedroom or a two-bedroom apartment anymore but can’t find anything else. That’s really the shortfall here. It’s not investors that want to buy their fourth home. That’s not what our housing sector should prioritize, and I fear that the government is really focusing on that.

The other thing I also want to emphasize is that it can never just be all about supply. This government has had five years to show that supply alone will address the housing affordability crisis, and it hasn’t. Housing has never been more expensive. It has never been more expensive to buy a home. It has never been more expensive to rent. Our homelessness crisis has spread across Ontario. The number of people who are homeless in Toronto right now is through the roof; it’s well above 10,000. It’s just getting worse and worse and worse, even though, as the Minister of Municipal Affairs and Housing said, we have a record number of cranes. It’s not just about supply. It has to be about affordability as well.

And when we’re talking about affordability, it’s going to require a bunch of things. It is going to require a definition of affordability that’s not based on the market, which is what this government is choosing to use; 80% of average market rent is not affordable, and 80% of average sale price for a condo is not affordable. It’s not affordable for even middle-income families, let alone moderate-income families and low-income families. It’s just not. It doesn’t work. It needs to be rent based on income, because that’s the definition of affordable. It’s based on the person—what they think is affordable, what they see as affordable.

It’s going to require acknowledging that the amount of money in the budget for addressing homelessness and affordable-housing construction is just woeful. It’s not enough, and it is a cut from the previous budget, the 2022-23 budget. I know you slapped a new name on it, and you’ve used these figures a lot—$202 million over, you know, $202 million and then $202 million. But it’s a cut; it’s a cut, cut, cut. And the amount of money in the previous budget was woeful, so now you’ve just made it even harder. That is not where we need to go, especially at a time when the cost of everything is going up and people can’t afford the rent. It’s just going up. Food bank use in Ontario has increased by 300%, and shelters—at least in Toronto—are at 100% capacity or more. That’s what we’re facing right now. I’m not seeing this government take that seriously. I’m really not.

And what I’m also seeing—and this is a real tragedy—is that as interest rates go up and the effect of Bill 23 is starting to take hold, we are starting to see affordable housing projects that were viable no longer being viable.

We’re seeing this in Peel. Peel had a plan to build 2,400 affordable homes. It’s at risk because of the $200-million loss in development fees, which means they’ve lost the CMHC’s matching money, which means the entire program is at risk.

It’s the same with the city of Toronto. I’m going to quote Gregg Lintern: “In the absence of the city being fully reimbursed by the province for the lost revenues related to the above legislative changes”—he’s talking about Bill 23—“plus provided with additional financial and policy tools, it will not be able to provide the services and infrastructure essential to support growth over the long term, deliver existing housing programs”—these are affordable housing programs—“to scale up supply, and achieve complete communities overall.”

What Gregg is trying to say is that Toronto’s affordable housing program is also in jeopardy because of this government. It’s in jeopardy. It’s terrible.

What this government is doing is clearly not working. We are proposing real solutions to Ontario’s housing affordability crisis and housing supply crisis, and that means committing to building 1.5 million homes by ending exclusionary zoning, which means allowing triplexes and fourplexes as of right. It means increasing density along transit stations. And it means protecting farmland by holding a firm municipal boundary line so we can protect one of our most important economic drivers in the province.

It also means spurring a career in the trades and recruiting skilled labour to join the trades. And it means making sure that developers pay their fair share. It means bringing in inclusionary zoning so there are more affordable homes being built. Montreal has been doing it for 20 years. Rent is $1,000 less a month in Montreal, and their economy is booming.

Developers need to pay their fair share, and I’m not seeing this government take that seriously. I’m really not, because the city of Toronto has had an exclusionary zoning law on their books for some time now, and this government refuses to let them implement it. That’s a shame, because it’s a massive lost opportunity.

So we need to build these new homes. We need to build these affordable homes. We need a public builder who can build homes at cost on provincial public land so that we can build the kind of affordable homes we need and the size of homes that Ontarians need.

We also need to get real about rent. It is unfathomable to me that we have a situation where there is no rent control on buildings built after 2018. We constantly get calls from people who are being economically evicted because a landlord knows they can get more rent. It is essential that in Ontario, we bring in real rent control and vacancy control so that people who rent have stable, affordable rent, so they can live good lives in this province. It’s essential.

We also need—and this is absolutely essential—to clamp down on investor-led speculation. It is shocking to hear the minister talk about how he believes in home ownership, but you’ve created the market conditions that allow 25% of all new purchases to be purchased by investors. Those homes should be going to first-time homebuyers so that they can live in them, they can raise children in them, they can retire in them, they can go home at night and have dinner in a home they own where they’re paying off their own mortgage and not someone else’s mortgage.

That’s what we stand for. Our housing sector is about providing homes for Ontarians first. Our position to build more affordable homes, to build 1.5 million private-sector homes, to clamp down on speculation and make life more affordable to renters will ensure that we get there.

I am looking forward to committee for Bill 97. My hope is that you take some of the recommendations and concerns that you’re going to hear from stakeholders and us so that we can make life more affordable for renters and we can ensure that our housing sector puts Ontarians first.