TORONTO ― Today, the Ontario government introduced legislation that, if passed, will support a plan to crack down on speculators who are driving up the cost of housing, protect homebuyers from predatory development practices, and create more housing options for homeowners and renters by accelerating development timelines to get more homes built faster. The More Homes for Everyone Act outlines the next suite of concrete actions the province is taking to address Ontario’s housing crisis. This plan, built on recommendations from the Housing Affordability Task Force and the first-ever Provincial-Municipal Housing Summit, will deliver both near-term solutions and long-term commitments to provide more attainable housing options for Ontario families.
Read more here: https://news.ontario.ca/en/release/1001895/ontario-is-making-it-easier-to-buy-a-home