Since sprawl is limited, to grow its housing supply, Toronto must build up.
Compliance costs and fees in Toronto are typically more than twice what they are in Hamilton.
To reduce the cost of housing in Vancouver, more units must be built.
Sharing best practices is an easy first step towards a more housing-friendly and affordable Lower Mainland.
To enhance affordability, Queen’s Park and city halls across the Greater Toronto Area should reduce barriers to new homebuilding.
Despite Vancouver’s image as a city of glass towers, most of the city is zoned for single-dwelling housing.
Cities such as Vancouver and Toronto, with longer and less certain approval timelines, tended to see less growth in housing stock.
Affordability in Toronto has eroded to an all-time low, with prices jumping by more than 50 per cent in the past five years.