Statement from OREA President David Oikle on Ontario Housing Affordability Task Force Recommendations to Boost Supply
“Young families across Ontario are facing historic barriers to home ownership and the problem is only getting worse. In fact, Canada has fewer housing units per capita out of all G7 countries, with Ontario standing out, needing over 650,000 additional housing units to have the same level of housing as the average in other provinces. In order to help address the housing affordability crisis, Ontario needs increased supply across the board, in homes that are owned, rentals, and supportive housing.