Bill 134, introduced last month by Housing Minister Paul Calandra, will amend the province's market-based approach to consider local incomes when determining whether housing is affordable.
Published Oct 10, 2023 at 8:13pm
Ontario Housing Minister Paul Calandra answers a question as Premier Doug Ford looks on as the legislature resumes at Queen's Park in Toronto on Tuesday, Feb.21, 2023. (Frank Gunn/The Canadian Press)
Ontario's provincial government is changing how it defines affordable housing.
Bill 134, introduced by Housing Minister Paul Calandra last month, will change the province's current market-based approach by considering local incomes when determining whether new housing builds meet the criteria of 'affordability.'
The bill comes a year after the province passed legislation that exempted new affordable builds from fees developers are required to pay to municipalities.
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