Ontario’s housing crisis has reached a point where euphemisms no longer help. This is not a normal market correction, a soft landing, or temporary cyclical slowdown. It is a systemic failure. Housing starts have all but evaporated at precisely the time we need new homes the most. The upcoming Ontario budget must tackle the issue

Ontario needs more homes. There is little doubt about that. But more importantly, it needs a steadier way to deliver them. At the present rate of building, we are nowhere near reaching the targets set by the Ontario and federal governments. However, recent planning policy changes may be of some help, as they have opened

The crane count is coming down across the Greater Toronto and Hamilton Area (GTHA), a symbol of what’s been happening in the residential construction industry. There were 235 cranes atop buildings across the region as of Jan. 1, according to a tracking and analysis tool of UrbanToronto (UT), a website that covers construction development and

Driving faster in the wrong direction won’t get you to the right destination. To make progress you need to follow the correct path. The same can be said for the housing supply and affordability crisis that we are presently facing. For years, we’ve been off track. And, as a result, we now find ourselves in

Brace yourself. Affordability of housing continues to deteriorate, and latest reports indicate the situation could get worse before it gets better, causing a huge hit to the Canadian economy. Far fewer Canadian cities meet the traditional affordability benchmark where housing costs are less than 30 per cent of household income, recent data from prop-tech company