SoVote

Decentralized Democracy

Ontario Assembly

43rd Parl. 1st Sess.
February 22, 2023 09:00AM
  • Feb/22/23 12:00:00 p.m.

Again, I want to thank my honourable colleague for the question. In addition to the record purpose-built rental starts that we had last year, our latest piece of legislation, More Homes Built Faster Act, offers incentives for the construction of more rental units by reducing development fees: 25% on three-or-more-bedroom units, a 20% discount on two-bedroom units and a 15% discount on one-bedroom units.

To further increase rental supply, we also introduced as-of-right policies in our most recent bill to allow for more units to be constructed on existing residential lots. Other legislation allows for basement apartments, garden houses or main residences to have up to three rental units without obtaining additional building permits or paying any additional development fees.

Ontarians deserve to have affordable options when it comes to housing, and as we’ve said before, we’re going to continue fighting for every Ontarian to make sure they do in this province.

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