TRREB Welcomes Ontario Government’s $1.5 Billion Funding for Significant Development Charges Reduction in the City of Toronto
· Financial Post
TORONTO, June 23, 2026 (GLOBE NEWSWIRE) -- The Toronto Regional Real Estate Board (TRREB) welcomes the Ontario government's announcement to provide the City of Toronto with $1.5 billion to facilitate a 40 to 60 per cent reduction in development charges in the city. This is a major step, and the type of leadership needed to lower housing costs, improve project viability, accelerate the construction of much-needed homes in the city, and improve affordability, especially for missing middle housing. Read More
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