Ontario to table bill to speed up home building as 1.5M target not on track [Video]

Ontario’s housing minister is introducing legislation today intended to speed up the construction of new homes, as he admits the province isn’t currently on track to meet its goal of getting 1.5 million homes built over 10 years.

Municipal Affairs and Housing Minister Rob Flack says Ontario needs to make “immediate changes” to home building rules and his focus is on the next two years in order to spur development.

He is set to introduce a large bill today that would reduce the scope and number of studies municipalities can require for new developments, speed up certain minor variances and standardize and streamline fees developers pay that municipalities use to fund housing-enabling infrastructure such as water and sewer lines.

As well, the bill would standardize construction requirements, provide …