The FED - Ontario #Housing announcement yesterday is not a silver bullet that will solve Ontario's dismal performance in housing starts, despite throwing $8.8B at the problem. Developers and builders will likely get the biggest benefit from the funding.
From the article: "Carney said he expects competitive forces in the market will push developers to pass on cost savings from the development charge relief to homebuyers."
Seriously?
#OnPoli #AffordableHousing
https://www.msn.com/en-ca/news/other/feds-ontario-pool-8-8b-for-housing-infrastructure-to-cut-development-fees/ar-AA1ZJ3oh





