Builders welcome Ontario budget action on housing supply

Measures announced in Ontario’s budget this week will boost the province’s home building according to an industry body.

The Ontario Home Builders’ Association says it welcomes the government’s budget which it says focuses on cutting red tape and streamlining approvals through the Housing Supply Action Plan.

“This government recognizes that more homes equals better affordability,” said Joe Vaccaro, CEO, OHBA. “By cutting red tape, the government is taking a practical approach to creating more housing supply and choice by bringing new housing to the market faster.”

The budget includes provisions to expand transit links across the province.

“The Ontario Home Builders’ Association welcomes the historic investments the provincial budget is making to expand transit in communities across Ontario. Builders look forward to working in partnership with the provincial government to adopt a market-driven approach to transit-oriented development and creating new housing supply and commercial centres,” said Vaccaro.

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