Housing supply

Election in Ontario: the NDP and the Conservatives promise to boost housing supply

Ontario’s New Democrats and Progressive Conservatives are both promising to build 1.5 million homes over 10 years as the province grapples with supply shortages and soaring prices.

NDP Leader Andrea Horwath touted her housing plan today – first released in November 2020, it has since been updated to include home equity loans to help first-time buyers pay a deposit.

On supply, New Democrats say the 1.5 million homes would be a mix of starter homes, purpose-built rentals and affordable housing units, achieved in part by ending the exclusion zoning.

Changing municipal zoning rules to allow for the construction of more types of housing apart from single-family homes was one of the key recommendations of a report by the Housing Affordability Task Force commissioned by the Progressive Conservative government. .

The Conservatives have pledged to use the report as the basis of their long-term housing strategy, but legislation earlier this year did not include this measure and several other key recommendations – which the Minister of Municipal Affairs and of Housing blamed the lack of municipal cooperation. operation.

The Liberals have yet to release their housing plan, but Liberal Leader Steven Del Duca has criticized the Conservative plan for its lack of help for renters and first-time home buyers.

This report from The Canadian Press was first published on May 6, 2022.