Month: May 2023

Ontario is losing affordable housing too fast. The housing that is at greatest risk of demoviction is purpose-built rentals, the bulk of which were built in the 1960s and ’70s. It is far easier to protect existing affordable housing than to build new purpose-built rental housing to meet the current demand.

https://www.tvo.org/article/its-time-for-full-rent-control-in-ontario

The city’s policy requires that developers who tear down rental buildings for condos replace the lost units. Applications for such demolitions are on the rise.

https://www.thestar.com/news/gta/2023/05/10/toronto-makes-developers-replace-demolished-rental-units-the-city-fears-the-province-plans-to-change-that.html