Earlier this summer, OREA made a submission to the government in response to the Ministry of Municipal Affairs and Housing’s review of the Ontario’s Long-Term Affordable Housing Strategy. Overall, OREA applauds the government’s commitment to affordable housing. Ontario REALTORS® understand that ensuring all Ontarians enjoy a safe, healthy and affordable place to call home is crucial to the social and economic well-being of our province.
OREA made four key recommendations:
- Harmonize municipal rules on second suites.
- Encourage brownfield redevelopment by reducing the tax burden during the remediation process.
- Maintain or reduce taxes on housing. Exclude municipal land transfer tax as a municipal revenue tool.
- Say no to inclusionary zoning.
The deadline for feedback and responses has now closed but OREA will continue to monitor developments on this important policy issue.