I thank the minister for that response, and I also thank him for recently visiting Mississauga and sitting down with stakeholders on this topic. Speaker, as the minister mentioned, the proposed changes will make alterations to current municipal fees levied on new developments and construction of new housing units across the province. I understand that for every month that approvals are delayed, it can add anywhere from $2,600 to $3,300 onto the cost of building a single-family home or condominium unit in the greater Toronto area, including in Mississauga. Furthermore, many municipalities have increased fees, which are ultimately passed on to the new homebuyer.

Can the minister let us know how this legislation will address this very problem?