I’ll paraphrase the explanatory note because it’s quite large, Speaker.

The proposed More Homes Built Faster Act would amend the Planning Act, the Development Charges Act and other legislation. The proposed changes are intended to be the next phase in our bold and transformative plan to get 1.5 million homes built in the next 10 years.

The bill and proposed regulations would, if passed, help unlock more housing by streamlining development approvals, removing barriers, reducing government fees, accelerating planning and further supporting and protecting homebuyers. The bill would also allow the use of government financial tools to help reduce housing costs for Ontarians.

Mr. Vanthof moved first reading of the following bill:

Bill Pr3, An Act to revive 1204755 Ontario Limited.