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TRREB welcomes Ontario-Canada Development Charges Reduction Program

Created at 2 Jun · 1:37 PM2 sources↑ Market-relevant2 events
IN SHORT

The Toronto Regional Real Estate Board (TRREB) welcomed the launch of the Ontario-Canada Development Charges Reduction Program, stating it is a significant step towards reducing housing costs and speeding up the construction of new homes.

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Who's Involved

TRREB
Toronto Regional Real Estate Board, welcomed the program launch
Ontario-Canada Development Charges Reduction Program
newly launched program aimed at reducing housing costs

↳ Why This Matters

This program is expected to alleviate housing affordability issues and increase the supply of new homes in a key Canadian economic region.

Key facts

  • TRREB welcomed the launch of the Ontario-Canada Development Charges Reduction Program.
  • The program aims to lower housing costs.
  • The program aims to improve project viability.
  • The program aims to accelerate the construction of homes in the Greater Golden Horseshoe.

The Toronto Regional Real Estate Board (TRREB) has welcomed the launch of the Ontario-Canada Development Charges Reduction Program. TRREB views this program as a significant advancement in efforts to decrease housing expenses, enhance the feasibility of development projects, and expedite the creation of essential housing throughout the Greater Golden Horseshoe region.

Frequently asked questions

TRREB is the Toronto Regional Real Estate Board, an industry association for real estate professionals.

It is a program launched by the Ontario and Canadian governments aimed at reducing development charges to lower housing costs and speed up construction.

It is a large, densely populated region in the province of Ontario, Canada, surrounding Lake Ontario.

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Cadence

How It Developed

2 Jun · 8:06 PM
TRREB welcomes the launch of the Ontario-Canada Development Charges Reduction Program to lower housing costs.
Financial Post via PiQSuite
2 Jun · 1:17 PM
Fengate Asset Management has finalized a joint venture partnership with Chartwell Retirement Residences, a major operator in seniors housing.
Financial Post via PiQSuite

Sources

T1
Fengate announces financial close on strategic partnership with Chartwell Retirement Residencesm.piqsuite.com
T1
TRREB Welcomes Launch of Ontario–Canada Development Charges Reduction Programm.piqsuite.com

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