The affordability issues that are threatening the ability of millions of Ontarians to afford to buy a home were the focus of a roundtable this week.
Ontario Real Estate Association (OREA) was joined by Steve Clark, minister for municipal affairs and housing, to discuss the issue of affordable housing supply, ranging from development requirements between local municipalities to housing options for seniors.
“For the first time in our lifetime, home ownership is on the decline in Canada,” said Mike Douglas, Chair of OREA's Government Relations Committee. “We need to keep the Canadian dream of home ownership alive, which is why we’re pleased to see Minister Steve Clark and his team taking action to make home ownership more affordable with the More Homes, More Choice Act.”
More homes, more choice
Ontario’s More Homes, More Choice Act, 2019 will help bring the Canadian dream of home ownership within reach for struggling families, millennials and new Canadians.
“I want to thank OREA for organizing this roundtable with local realtors and for giving me the opportunity to hear their ideas and discuss our shared vision of keeping the dream of home ownership alive for the families I represent in Leeds-Grenville-Thousand Islands and Rideau Lakes,” said Minister Clark. “Through the More Homes, More Choice Act, our government has acted quickly to address the housing crisis we inherited. As Minister, I’m committed to continuing to work with all partners to increase housing supply and to give people more housing options, while bringing prices down.”
