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Ontario NDP to table motion on speculation tax in Toronto real estate

NDP housing critic motions for speculation and vacancy tax
The motion urges the Ford government to use tax policy to deal with record prices in Toronto real estate
By Radheyan Simonpillai
Juan Rojas / Unsplash
Ontario NDP housing critic Jessica Bell introduced a motion at Queen’s Park for a speculation and vacant home tax bill just as prices in the Toronto real estate market reached the highest levels ever.
For the month of May, the average price for a detached home was $1,716,272 in Toronto and $1,331,176 in the 905, according to the Toronto Regional Real Estate Board (TRREB). Premier Doug Ford’s majority government will likely defeat the motion, which takes a policy approach to remedying those prices, and stick to using Municipal Zoning Orders, which can override environmental concerns, to fast-track developments. ....

Sri Lanka , Doug Ford , Radheyan Simonpillai , Juan Rojas Unsplash , Lisa Patel , Jessica Bell , Ice Cube , Toronto Regional Real Estate Association , Ontario Real Estate Association , Toronto Regional Real Estate Board , Premier Doug Ford , Municipal Zoning Orders , Greater Golden Horseshoe Region , ஸ்ரீ லங்கா , டக் ஃபோர்ட் , லிசா படேல் , ஜெசிகா மணி , பனி கன , ஆஂடேரியொ ரியல் எஸ்டேட் சங்கம் , டொராண்டோ பிராந்திய ரியல் எஸ்டேட் பலகை , ப்ரிமியர் டக் ஃபோர்ட் , நகராட்சி ஸோநிஂக் ஆர்டர்ஸ் , அதிகமானது தங்கம் குதிரைவாலி பகுதி ,

Affordable housing in Toronto real estate should not tax the environment

Affordable housing in Toronto real estate should not come at the expense of the environment
The need for more housing supply has led to calls to cut red tape and build on green space
By Radheyan Simonpillai
Google
Earlier this year, a housing report came out that listed Toronto among the least affordable real estate markets in the world.
The Demographia International Housing Affordability report put both Toronto and Vancouver among the top five.
The mediapounced on the ranking, sharing a report that echoed many middle-class voter frustrations with real estate affordability in Canada and feeding into the constant refrain we here from politicians that we need to fast-track development, despite the impact such decisions would have on the environment. ....

United States , Hong Kong , France General , United Kingdom , British Columbia , Sri Lanka , Noord Holland , New Zealand , Radheyan Simonpillai , John Dimichele , Philip Kocev , Jessica Bell , Ice Cube , Doug Ford , Odeen Eccleston , Meray Mansour , Reconciliation Commission Of Canada , Ipro Realty , Owe Realty , Hallmark Realty , Reform Institute , Frontier Centre For Public , Canada Revenue Agency , Demographia International Housing Affordability , Party Of Canada , National Observer ,

Forget condos: Toronto real estate has a missing middle problem

The Toronto real estate market has a missing middle problem.
According to Philip Kocev, a broker at iPro realty, the city needs more duplexes, triplexes and stacked townhouse complexes to fill the gap between a saturated high-rise condo market and the semis and detached homes selling at sky-high prices.
He argues that existing land and homes could be utilized to build more capacity if the city amended bylaws and fees for modern needs. That could be an alternative to the Ford government’s steamroll tactics, using Municipal Zoning Orders to bypass the city and sell locations like the Foundry to condo developers. ....

Prince Edward Island , Radheyan Simonpillai , Meray Mansour , Philip Kocev , Re Max Hallmark Realty , Municipal Zoning Orders , Max Hallmark , ப்ரிந்ஸ் எட்வர்ட் தீவு , ரே அதிகபட்சம் தனிச்சிறப்பு ரியல்டீ , நகராட்சி ஸோநிஂக் ஆர்டர்ஸ் , அதிகபட்சம் தனிச்சிறப்பு ,

Why conservation matters in Saugeen Valley watershed

It costs approximately $43,000 to repair a flooded basement in Ontario and that’s “essentially, very cheap insurance” according to Saugeen Shores Coun. Jami… ....

Mike Myatt , Shores Vice Deputy Mayor Mike Myatt , Municipal Zoning Orders , Cheryl Grace , மைக் மியட்த் , கரைகள் துணை துணை மேயர் மைக் மியட்த் , நகராட்சி ஸோநிஂக் ஆர்டர்ஸ் , செரில் கருணை ,