Ontario appoints nine people to task force that will deal with making homes more affordable
Premier Doug Ford says he has appointed nine people to a task force assigned to address housing affordability in the province so that it’s "easier for more Ontarians to realize the dream of home ownership."
The Housing Affordability Force will be chaired by Jake Lawrence, CEO and Group Head of Global Banking and Markets at Scotiabank, and will publish a report into its findings in early 2022, the government said.
The task force will look into a number of ways Ontario can increase the supply of rental units, as well as homes for ownership.
The government said the task force will look into ways they can reduce red tape and accelerate building timelines, while also protecting the need to care for the environment.
"Young families, seniors and all hardworking Ontarians are desperate for housing that meets their needs and budget," Ford said in a statement Monday.
According to the government, the task force represents a "diverse range of experts" in not-for-profit housing, Indigenous housing, real estate, home builders, financial markets and economics.
The Housing Affordability Task Force was first announced as part of the "2021 Ontario Economic Outlook and Fiscal Review: Build Ontario," the government said.
Housing prices in Ontario, especially the Greater Toronto Area, continue to skyrocket.
The average price of a semi-detached home in Toronto in November 2021 was more than $1.4 million, while a detached home was more than $1.8 million.
CTVNews.ca Top Stories
How quietly promised law changes in the 2024 federal budget could impact your day-to-day life
The 2024 federal budget released last week includes numerous big spending promises that have garnered headlines. But, tucked into the 416-page document are also series of smaller items, such as promising to amend the law regarding infant formula and to force banks to label government rebates, that you may have missed.
Which foods have the most plastics? You may be surprised
'How much plastic will you have for dinner, sir? And you, ma'am?' While that may seem like a line from a satirical skit on Saturday Night Live, research is showing it's much too close to reality.
opinion I've been a criminal attorney for decades. Here's what I think about the case against Trump
Joey Jackson, a criminal defence attorney and a legal analyst for CNN, outlines what he thinks about the criminal case against Donald Trump in the 'hush money trial.'
$3.8M home in B.C.'s Okanagan has steel shell for extra wildfire protection
A home in B.C.'s Okanagan that features a weathering steel shell designed to provide some protection against wildfires has been listed for sale at $3.8 million.
Diver pinned under water by an alligator figured he had choice. Lose his arm or lose his life
An alligator attacked a diver on April 15 as he surfaced from his dive, nearly out of air. His tank emptied with the gator's jaws crushing the arm he put up in defence.
Psychologist becomes first person in Peru to die by euthanasia after fighting in court for years
A Peruvian psychologist who suffered from an incurable disease that weakened her muscles and had her confined to her bed for several years, died by euthanasia, her lawyer said Monday, becoming the first person in the country to obtain the right to die with medical assistance.
Mystery surrounds giant custom Canucks jerseys worn by Lions Gate Bridge statues
The giant stone statues guarding the Lions Gate Bridge have been dressed in custom Vancouver Canucks jerseys as the NHL playoffs get underway.
Celebrity designer sentenced to 18 months in prison for smuggling crocodile handbags
A leading fashion designer whose accessories were used by celebrities from Britney Spears to the cast of the 'Sex and the City' TV series was sentenced Monday to 18 months in prison after pleading guilty in Miami federal court on charges of smuggling crocodile handbags from her native Colombia.
Wildfire leads to evacuation order issued for northeast Alberta community
An evacuation order was issued on Monday afternoon for homes in the area of Cold Lake First Nation.