Business View Magazine | August 2022

12 BUSINESS VIEW MAGAZINE VOLUME 9, ISSUE 8 NACTED PROVINCIAL KET, FASTER This move will help expedite development approvals and get more homes on the market faster These changes – adopted from the Housing Affordability Task Force report – are a step in the right direction, but more can still be done to address the existing housing affordability crisis for Ontario’s families. This includes ending exclusionary zoning in Ontario’s highest-demand urban neighborhoods, to allow for the building of duplexes, triplexes and fourplexes on lots traditionally zoned for single-family housing. Further red tape reduction measures, including the eight recommendations recently brought forward by OREA, will ensure that Ontario’s housing affordability crisis is addressed through well-researched and proven innovative solutions.” - Tim Hudak, CEO of the Ontario Real Estate Association

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