Mortgage Broker News: Industry calls on Premier Ford to take action

An assortment of heavy hitters assembled for the Housing Summit at the Toronto Region Board of Trade yesterday to remind Premier Doug Ford about how to fix the region’s housing supply issues. The Ontario Real Estate Association, in partnership with the Ontario Home Builders’ Association and the Federation of Rental-Housing Providers of Ontario, called on Ford to make homeownership more attainable for millennials. Former Progressive Conservative Party of Ontario leader and current OREA CEO Tim Hudak was front and centre in laying out a plan to fix everything from the supply chain issues to a reversing the prohibitive cost of housing for first-time buyers. “You have to speed up the approvals process,” Hudak told MortgageBrokerNews.ca. “It takes up to 10 years to get a new development done and every month of delay means increased costs to the consumer at the end of the day. We’ve also suggested that the provincial government make more investment in rail—more subways, more GOs, more LRTs.” Read More....


  • Picture
  • Picture
  • Picture
  • Picture
  • Picture
  • Picture
  • Picture
  • Picture
  • Picture
  • Picture
  • Picture
Mississauga Real Estate Board
3450 Ridgeway Dr #1
Mississauga, ON L5L 0A2, Canada
Phone: 905.608.6732
Fax: 905.608.9988