The government of Ontario is trying to encourage the construction of a lot of new housing over the next 10 years. More specifically, the plan is for 1.5 million new homes from now until 2033. To have a chance at hitting this target, the province has rightly recognized that some things will need to change around here and so they've been busy coming up with legislative changes such as Bill 23 (the More Homes Built Faster Act, 2022).
The Bill is really long, so I personally appreciate it when the act name itself does a good job of summarizing what it's all about: more homes, built faster. But if you'd like to read the entire thing, you can do that over here. I also attended a breakfast this morning -- put on by Goodmans -- that provided a great summary of the key points. I took all of my notes on Twitter through a live stream, so if you'd like something more digestible, click here.
