Municipal red tape is making it increasingly tough to get new homes built in the GTA. bildgta | realestate realestatenews TOpoli housing housingcrisis
When it comes to building new housing in the Greater Toronto Area , municipal governments are the gatekeepers. They determine how much new housing will be built, where it will be located and what form it will take. Municipalities also influence how quickly housing is built and how much it costs.
The new study found significant increases in municipal approval timeframes, with the average approval timeframe across the GTA now being 21 months, and with approvals in some municipalities stretching to 32–34 months. Municipal approval timelines in the GTA are among the worst of major municipalities across Canada.
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