Ontario housing reform needs key fixes, RESCON says

Ontario's housing affordability gap has widened, with home prices now over seven times annual pre-tax income in major markets. Rising construction costs, taxes, and fees—now about 36% of new home costs—have made many projects unviable. Six key reforms are urged: permanent HST rebates, extended development charge reductions, building code updates, streamlined approvals, revisiting federal policies, and removing land transfer taxes to improve affordability.