Task Force report is part of the government’s consultations with municipalities, public and industry to increase market housing supply
Ontario has published the report from the Housing Affordability Task Force, which highlights expert recommendations for additional measures to increase the supply of market housing to address the housing crisis. The Task Force is part of Ontario’s ongoing three-part consultation with industry, municipalities, and the public to help the government identify and implement real solutions to address the housing supply crisis.
“Everyone has a role to play in addressing the housing supply crisis. As our government consults with municipalities, the public, and industry leaders and experts, we are balancing these perspectives to develop practical, forward-thinking policies that unlock and fast-track all types of housing for all types of Ontarians,” said Steve Clark, Minister of Municipal Affairs and Housing. “I’d like to thank Jake Lawrence and the entire Task Force for their hard work, including conducting extensive consultations with other stakeholders, to develop their report.”
The Task Force report’s recommendations include five main areas to quickly increase the supply of market housing, to meet a goal of adding 1.5 million homes over the next 10 years:
Additionally, the Task Force’s report makes other recommendations to increase housing supply over the long-term, including to digitize and modernize the approvals and planning process, grow the skilled labour workforce, and encourage new pathways to home ownership.
“When Premier Ford and Minister Clark created the Task Force our instructions were clear: to deliver concrete, actionable recommendations to address the housing affordability crisis by getting more homes built,” said Jake Lawrence, Chair of the Housing Affordability Task Force and Chief Executive Officer and Group Head, Global Banking and Markets at Scotiabank. “Lengthy reviews, bureaucratic red tape, and costly appeals are making it too difficult to build new housing. We propose an ambitious and achievable goal to build 1.5 million homes over the next ten years and the steps needed to get there.”
The Task Force report is part of the government’s broader plan to seek feedback from a variety of sources, including through municipal and public consultations, to identify and implement measures to address the housing supply crisis and get homes built faster. In January, Premier Ford and Minister Clark hosted the Ontario-Municipal Housing Summit and the Rural Housing Roundtable to coordinate efforts with municipalities, and the government recently held an online public consultation for Ontarians to share their input, which received over 2,000 responses.