Ontario’s housing supply progress
Ontario is one of the fastest growing places in North America. From July 1, 2022 to July 1, 2023, we grew by nearly half a million people. As Ontario grows, we need to build more homes.
109,011
new homes started construction in 2023, including housing starts, long-term care and additional residential units
Nearly 19,000
new rental units started construction in 2023, the most on record
38 out of 74
Task Force report recommendations implemented or in-progress
Sources:
- Canada Mortgage and Housing Corporation, Starts and Completions Survey
- Canada Mortgage and Housing Corporation, Residential Conversions and Demolitions Statistics
- Ministry of Long-Term Care
Tracking housing progress
Housing supply
Find out how many new homes municipalities are getting built.
Housing Affordability Task Force
The Task Force report includes 74 recommendations to address the housing supply crisis.
What we’ve done so far
These are just a few of the many actions we’ve taken to increase Ontario’s housing supply.
For renters
- Implementing a 2.5% cap in 2023 and 2024 on rent increases for rent controlled units — well below the rate of inflation.
- Building more rental housing, with rental housing starts hitting the highest level on record in 2023.
- Removing the provincial portion of the HST on new purpose-built rental construction.
For municipalities
- Creating the $1.2 billion Building Faster Fund to incentivize municipalities to get more homes built.
- Investing up to $350 million to help municipalities modernize and streamline their approval processes.
- Adding more adjudicators and staff at the Ontario Land Tribunal (OLT) to reduce the backlog of Ontario Municipal Board legacy cases by more than 80%.
For home-buyers and home-owners
- Prioritizing Ontario families and homebuyers by expanding the Non-Resident Speculation Tax province-wide and increasing the rate to 25%.
- Protecting new home buyers by applying new standards to builders and increasing fines for unethical behaviour.
- Increasing gentle density so up to 3 residential units are now permitted on most residential lots, without needing a by-law amendment.
For communities
- Committing $4.4 billion over the past 3 years in community and supportive housing programs.
- Making it easier to build more affordable and non-profit housing by eliminating development-related charges for these important types of housing.
- Creating the new Homelessness Prevention Program, which simplifies access to provincial housing and homelessness supports.
Housing innovation guides
Guides about navigating the building process
As a homeowner, property owner or landlord, use these guides to navigate design and building processes. With these innovative approaches, we can help create more housing supply, including rental units, to make housing more affordable.
Guides about navigating innovative housing options
Fresh approaches to housing and homeownership give people more choices. Use these guides to explore different housing options.