As someone deeply invested in our local real estate market, I’m closely following the recent call from the Toronto Board of Trade for Ontario to modernize zoning and building code rules. The province is projected to fall short of its ambitious 1.5 million new homes target by more than 550,000 homes by 2031—largely due to outdated regulations. Standardizing zoning and updating building codes could make a real difference by reducing costs, minimizing delays, and ultimately improving housing affordability for everyone. Having guided clients through all facets of buying, selling, and investing, I see firsthand how these regulatory hurdles impact families, first-time buyers, and investors alike. Thoughtful policy changes like these could help open doors for more people to achieve their real estate goals.
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