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Ontario Appoints Housing Affordability Task Force

Young families, seniors and all hardworking Ontarians are desperate for housing that meets their needs and budget. The government’s policies under the Housing Supply Action Plan are working to address affordability, but more needs to be done at all levels of government.

That is why the government announced the formation of a new Housing Affordability Task Force in the Fall Economic Statement.

Today, we are announcing the appointment of nine members to a new Housing Affordability Task Force, who will provide the province with expert recommendations on additional measures to address market housing supply and affordability, and make it easier for Ontarians to realize their dream of home ownership.

The Task Force is Chaired by Jake Lawrence, CEO and Group Head, Global Banking and Markets at Scotiabank, and represents a diverse range of experts in the fields of not-for-profit housing, Indigenous housing, real estate, home builders, financial markets, and economics.

The Housing Affordability Task Force will help the government build on our progress by identifying more opportunities to increase the supply of all kinds of housing with our partners.

The Chair’s report outlining the Task Force’s recommendations will be published in early 2022.

Everyone has a role to play in fixing Ontario’s housing crisis. Ontario will continue to work with all our partners to help them use the tools the province has provided to unlock housing and make finding a home more affordable for hardworking Ontarians.

This includes working with municipalities through the upcoming Provincial-Municipal Housing Summit and a special session with rural municipalities leading up to the ROMA conference in January 2022.

Learn More: https://news.ontario.ca/en/release/1001289/ontario-appoints-housing-affordability-task-force