LSTAR Political Action Committee Chair Adam Miller presented the following key points at the recent Provincial pre-budget meeting, where LSTAR was invited to share feedback:
- Ontario's Housing Goal: The province aims to add 1.5 million homes by 2031, but current housing start projections are not on track.
- Need for Bold Action: Bold action is needed to increase the supply of purpose-built rentals and new homes to address the housing affordability crisis.
- Task Force Recommendations: The Ontario Real Estate Association found that 76% of the Housing Affordability Task Force's recommendations are in progress, but key steps remain unaddressed.
- Municipal Services Corporation Utility Model: Developing this model for water and wastewater would reduce costs on housing developments and ensure transparent funding.
- Government Prioritization: The government is urged to prioritize these recommendations to improve affordability and protect Ontario's economic and social future.
