Thank you to the member, the Conservative member, for talking about the Strong Mayors, Building Homes Act. The member spent all of their time talking about building homes, yet the bill does not include anything on housing. In a riding like mine, Toronto–St. Paul’s, where we have 60% or so renters, the government can talk about owning a $750,000 home, but many in St. Paul’s can’t afford that. Many can’t even afford their rent. So I’m wondering, if this bill is really about housing, why is there no mention of ending exclusionary zoning, why is there no mention of real rent control, why is there no mention of banning above-guideline rent increases? Furthermore, why don’t you talk about what the bill is really about, and that is creating strong mayors that this province and this Premier can control?

Wayne Gretzky.

When you want to have a subdivision put in, you go through all of the appropriate processes on it. One of the things that happens, though, is there’s opportunities for individuals, for different groups, to object in different ways. We’re streamlining all of that. Instead of it being a waterfall approach where it was, you can object on this; and then once something comes in from that, you object under this; and then once that comes in, you can object under a third—if you think of it from a project management standpoint, it’s more of a scrum or an agile approach. So we’re looking at the critical path instead.

This is a way that we can make things better for people in Ontario. This is a way that we can streamline this. By empowering the mayors in the two cities that we have, they can look at what’s in the best interests of the entire community instead of just that small group.

If you don’t like the price of rent, the problem is that we don’t have enough rentals. If you don’t like the price of a home, the problem is that we don’t have enough homes. This is something that is going to speed that process up, which lowers the cost and makes it easier for people to have home ownership.

If we speed up development, if we make it easier to build a purpose-built apartment building, it lowers the cost of the build. It lowers the cost of the rent, which means that that individual who is looking for a place to rent can move into a place that is going to be at their price point and more suitable for them.

If we obstruct—which is what has happened over the last two decades—prices rise and people get priced out of a home. We want to reverse that trend.

I want to thank the member for Eglinton–Lawrence for her address today.

The opposition always talks about how we need to make it more affordable—that it’s too expensive, that people can’t afford it—yet they always support the things that lead to a $168,000 increase in the cost of building a home. It only stands to reason that some portion of that will fall to any rental property that is built in a building that is purposely built for rental—and particularly those at lower incomes. So they continue to do the things that actually add to the cost of building housing, whether it’s rental, whether it’s high-rise rental units or individual homes, and then they complain that people can’t afford to rent them.

I ask the member, when will the NDP and the Liberal opposition understand that all they continue to do is to add to the cost of a home? Be it free-standing, be it rental—it doesn’t matter what it is—them always standing in the way of trying to get the homes built only does one thing: It makes them more expensive—which is completely, again, what they claim to believe in.

I listened with great interest to the minister’s debate. She touched on some figures, and I think that was very important. She talked about some of the supply and how that affects the values of rent in Ottawa.

Rent is an important discussion. We don’t need to think back very far to actually think about how numbers affect that rental market. Think back to the spring of 2020 and all the way through to the following year in the spring of 2021. We weren’t talking about rent prices in this Legislature. Now, why was that, Speaker? Because the demand cratered, and that supply-demand imbalance corrected it, albeit temporarily. But the point is, supply and demand is the fundamental part of this equation that is leading to the high rent prices that we see. There’s no doubt supply is important on the rental side.

Two million more people are coming to this province in less than a decade. If status quo was working, we wouldn’t need changes. Can the minister talk about some of the urgency required in correcting this imbalance in supply and demand?