Minister insists ‘it all adds up’ as Ontario tables bill with housing, transit tweaks | Globalnews.ca
[ad_1] The Ford government introduced its latest omnibus housing bill hours after announcing billions of dollars to reduce development charges in a bid to improve a homebuilding sector that is “on its back.” The new Building Homes and Improving Transportation Infrastructure Act includes a range of measures around official plans, the building code and a suite […]
Federal government, Ontario sign $8.8B deal to reduce development charges | Globalnews.ca
[ad_1] The federal and Ontario governments will spend billions of dollars to cut development charges in major cities like Toronto by 50 per cent as they look to boost a struggling housing sector. Prime Minister Mark Carney and Premier Doug Ford were among the politicians at a major event Monday morning to unveil the overhaul […]
Ontario finance minister says HST rebate won’t be extended: ‘This is a one-year sale’ | Globalnews.ca
[ad_1] Ontario’s finance minister is shutting down any talk of extending the province’s $1.4 billion home buyers tax credit, dashing the hopes of the housing development industry, which wants the discount offered “in perpetuity.” The marquee feature of the 2026 Ontario budget, tabled at Queen’s Park on Thursday, was a publicly-funded tax break for any […]
Ontario’s battered housing sector revises its projections down again | Globalnews.ca
[ad_1] Four years after the Progressive Conservatives promised to build 1.5 million homes in a decade, Ontario’s battered housing sector is looking at lowering expectations again. As part of its 2022 re-election campaign, the Ford government promised it would solve Ontario’s housing crisis by ramping up the construction of new homes. But it’s yet to […]
Ford government planning to waive HST on new homes for 1 year | Globalnews.ca
[ad_1] Potential buyers across Ontario are poised to receive a significant tax discount on newly-built homes, but only for a limited time, Global News has learned, as the Ford government looks to boost a sector struggling with a slump in sales. As part of his spring budget, Finance Minister Peter Bethlenfalvy is expected to announce […]
Ontario records consecutive months of improving housing starts | Globalnews.ca
[ad_1] Descrease article font size Increase article font size Homebuilding in Ontario is showing early signs of recovery ahead of the spring construction season, potentially beginning to reverse years of decline. New data released by the Canada Mortgage and Housing Corporation (CMHC) shows housing starts in the province increased year-over-year for the second month in […]
Ford government poised to waive HST on all new homes as sector struggles | Globalnews.ca
[ad_1] The Ford government is poised to offer all home buyers a significant tax discount on newly built homes, Global News has learned, in a major expansion of a government program designed to breathe life into Ontario’s sluggish housing sector. As part of his spring budget, Finance Minister Peter Bethlenfalvy is expected to announce that […]
Ontario moving ahead with public corporations to fund wastewater | Globalnews.ca
[ad_1] As the homebuilding industry continues to complain about the cost of starting new projects, the Ontario government is forging ahead with its plans to set up public corporations to build new water and sewage infrastructure. To get approval to build new homes, developers must pay fees to municipalities designed to cover the cost of […]