Government News
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Advocacy Update: East GRC Working Group
TRREB’s Government Relations Committee (GRC) East Working Group is focusing on policy issues and regional development impacting housing supply and affordability across Durham Region. The Working Group hosted a roundtable with the Hamilton-Oshawa Port Authority (HOPA). A representative from HOPA discussed key initiatives driving regional economic growth, such as the Hoverlink, which aims to reduce…
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Advocacy Update: GRC Central Working Group and Toronto
TRREB’s Government Relations Committee (GRC) Central Working Group continues to address key policy and housing issues affecting housing supply, development and the real estate market across the City of Toronto. Recent discussions focused on provincial legislation and Official Plan reviews, specifically how smaller minimum lot sizes can unlock new housing supply. The group also examined…
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TRREB Welcomes Ontario Government’s $1.5 Billion Funding for Significant Development Charges Reduction in the City of Toronto
The Toronto Regional Real Estate Board (TRREB) welcomes the Ontario government’s announcement to provide the City of Toronto with $1.5 billion to facilitate a 40 to 60 per cent reduction in development charges in the city. This is a major step, and the type of leadership needed to lower housing costs, improve project viability, accelerate…
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Advocacy Update: Housing Affordability GRC Working Group
TRREB’s Housing Affordability GRC Working Group recently hosted a roundtable discussion focused on innovative multiplex housing design and explored practical solutions to the ongoing housing crisis. The presentation highlighted a completed fourplex ownership model that demonstrates how thoughtfully designed multiplexes can optimize underutilized lots, streamline design, and increase density while maintaining livability and neighbourhood character.…
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TRREB Urges GTA Municipalities and Regions to Apply for Development Charge Reduction Program
TRREB is calling on key municipal and regional governments across the Greater Toronto Area (GTA) and Simcoe County to apply for the Canada–Ontario Development Charges Reduction Program (DCRP) before the application deadline. Development charges can amount to up to 20 per cent of a home’s purchase price. The program gives municipalities a significant opportunity to…
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TRREB Welcomes Launch of Canada’s New National Artificial Intelligence Strategy
The Toronto Regional Real Estate Board (TRREB) welcomes the federal government’s launch of AI for All, Canada’s new national artificial intelligence strategy, and congratulates Prime Minister Mark Carney, Minister Evan Solomon, and the Government of Canada on this important announcement. Artificial intelligence is already changing how Canadians live, work, do business, and make major decisions.…
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TRREB Welcomes Launch of Ontario–Canada Development Charges Reduction Program
The Toronto Regional Real Estate Board (TRREB) welcomed the launch of the Ontario–Canada Development Charges Reduction Program, calling it a major step toward lowering housing costs, improving project viability, and accelerating the construction of much-needed homes across the Greater Golden Horseshoe. The program is part of the broader Ontario–Canada Partnership to Build, a cost-matched commitment…
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Federal Government Spring Economic Update and Housing
TRREB welcomes the federal government’s Spring Economic Update which continues the government’s focus on housing supply and affordability. The measures signal meaningful progress on long-standing priorities shared by homebuyers across the Greater Toronto Area and Simcoe County. Several initiatives align with TRREB and CREA advocacy goals, including increased flexibility in mortgage insurance to support missing-middle…
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TRREB Statement on Vaughan’s Reduction of Development Charges
TRREB welcomes the City of Vaughan’s decision yesterday to temporarily reduce residential development charges to zero to help accelerate housing construction and improve affordability for current and future residents. This is the type of bold municipal leadership needed to address Ontario’s housing supply crisis. Development charges are a major cost embedded in the price of…
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New TRREB Housing Report Recommends Action to Remove Remaining Roadblocks to a More Diverse Housing Supply
The Toronto Regional Real Estate Board (TRREB) today released a major new housing policy report, “Removing Roadblocks: Tackling Municipal Barriers to Housing Supply and Affordability in Ontario,” outlining the next phase of provincial housing policy reforms needed to build more of the right types of homes and improve affordability for Ontarians. The report recognizes the…
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TRREB: The Building Homes, Infrastructure Act and Development Charges Reduction Commitment are Significant Steps to Boost Housing Supply and Affordability
At a time of significant economic uncertainty and declining housing starts, the Toronto Regional Real Estate Board (TRREB) welcomes the Province of Ontario’s introduction of the Building Homes and Improving Transportation Infrastructure Act, as another step toward addressing the Province’s housing supply and infrastructure challenges. TRREB is particularly encouraged by the legislation’s focus on removing regulatory…
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TRREB Welcomes Canada-Ontario Development Charge Reduction Commitment
At a time of ongoing housing affordability challenges and broader economic uncertainty, the Toronto Regional Real Estate Board (TRREB) welcomes the signing of the Canada–Ontario Partnership to Build, which introduces a new commitment to reduce municipal development charges. Development charges amount to up to 20 per cent of a home’s purchase price. TRREB has relentlessly advocated…