Rental Market Reality As many of you know, there is a rental housing crisis in Toronto. Vacancy rates have been hovering around 1% in the past year and very few of the limited apartments available are affordable. That’s why I asked City Planning Staff to bring a report on current rental housing market conditions in Toronto. Planning [...]
Every Canadian deserves affordable and accessible housing, and all levels of government must work together to meet this goal. Please join me and the other elected officials of Toronto-St. Paul’s riding and share your questions, concerns, and ideas on this issue, and let’s work together to ensure the housing needs of our community are met. [...]
Also in last week's budget, the provincial government introduced a number of measures they hope will cool down Toronto's housing market. One of these measures is a 15% Non-Resident Speculation Tax (NRST) on non-Canadian citizens, non-permanent residents and non-Canadian corporations buying residential properties containing one to six units in the Greater Golden Horseshoe (GGH). Other [...]
The longstanding issues with the province's 1991 rental loophole allowing unlimited increases have recently been exacerbated by landlords taking advantage of Toronto's overheated housing market by doubling rents in some cases. After a long campaign by the Federation of Metro Toronto Tenants Associations, ACORN, ACTO, my office and many others, I want to commend the provincial government for introducing [...]
I'm very concerned about how, while the mayor understandably calls on the Province for adequate funding for the significant transit and housing shortfalls in Toronto, I believe there have been decisions made at city hall that have not demonstrated thoughtful or competent management of these priorities from either a financial or social and urban planning policy perspective. [...]
On Monday, April 3 I will be co-hosting an unprecedented joint meeting(s) of the Tenant Issues Committee, which I Chair, and the Affordable Housing Committee with my colleague, Councillor Ana Bailao. Toronto's rental housing market has become increasingly unaffordable for many people. The challenges of finding and keeping a decent and affordable place to live are affecting people [...]
