Richard Lyall is president of RESCON and has represented the building industry in Ontario since 1991. Contact him at [email protected]
Lack of affordable housing is costing the Greater Toronto Area up to nearly $8 billion annually and as a result, talent is leaving.
More than 100,000 skilled trades workers in the province are expected to retire over the next decade and we're already short of some voluntary trades with specialized skills.
Toronto city council has accelerated the timeline for its TransformTO climate action plan in hopes of reducing community-wide greenhouse gas emissions to net-zero by 2040.
We’ll need to hire and train over 100,000 new workers by the end of the decade in Ontario to keep pace with growth and retirement.
Toronto council approved an inclusionary zoning policy that will force developers to set aside a percentage of units for affordable housing if they’re putting up condos near transit stations.
For decades, we have counted on trades from other countries to bring their skills and expertise to help build our homes and infrastructure.
We are in the middle of a housing crisis, plain and simple, because demand is outpacing supply and, consequently, we’re seeing some very dramatic spikes for the price of homes.
We are in the middle of a housing affordability and supply crisis in Canada, yet the federal government has been dragging its feet on initiatives to increase the supply.
We are in the middle of a housing crisis here in the GTA and across Ontario—and Canada for that matter. The cost of building new homes continues to rise. The situation is dire and hampering our economic growth.
A recent survey by Abacus Data stated that one-third of non-homeowners in Ontario have given up on ever owning property; another 26 per cent are pessimistic.
Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
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