Housing supply

Ontario Encourages Fast Application Process to Increase Housing Supply (Webinar) – Real Estate

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from Ontario More Homes for All Act 2022, received Royal Assent on April 14, just over two weeks after its first reading at Queen’s Park. Osler Partner Chris Barnett, Municipal, Land Use Planning & Development and Real Estate, hosted Gregg Lintern, Chief Planner and Executive Director of Urban Planning at the City of Toronto, and David Wilkes, President and CEO leadership of the Building Industry and Land Development Association (BILD), for a lively and informative discussion on the implications of the Bill for housing development and municipal planning in the province.

The Ontario government introduced the new law as the first step in implementing the recommendations of the Housing Affordability Task Force, whose February 2022 report included fundamental changes to how the planning process works. housing in the province. Developers and planners are still struggling to understand the full ramifications of the bill, which makes several significant changes to the Town Planning Act and the City of Toronto Act, 2006among others.

A controversial aspect of the bill is its encouragement for faster decision-making on development applications, requiring the application fee to be refunded if it is not approved within certain prescribed time frames. Notably absent, however, is a stop-the-clock mechanism for potential obstacles beyond municipal control like refinancing, land sales, or other issues that could block the progress of a plan or project. development.

Although zoning limitations and other factors affecting the current housing crisis in the province are beyond the scope of this new law, the industry is optimistic that it can begin to resolve some of the supply issues.

Watch the full webinar.

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