Comparable Market Analysis (CMA)

Earlier today, Peel Region Council voted to reduce development charges by 50% from July 10, 2025 to November 13, 2026 in order to spur housing development and make homes in Caledon, Brampton, and Mississauga more affordable.

The move had commitment of support from the provincial government for $1.3 billion via the Building Ontario Fund, according to a letter from Minister of Municipal Affairs and Housing Rob Flack, addressed to the three mayors and Peel Regional Chair Nando Iannicca. However, an official funding agreement has not been signed off on as of now, and included in the motion is a stipulation that the program could be cut short if "a satisfactory financial agreement is not reached with the province by October 17, 2025."

Yesterday evening, Toronto City Council voted to allow fiveplexes and sixplexes in the Toronto and East York District and a portion of Scarborough — a significant dilution of the originally recommended city-wide legalization. This latest move from the City puts in jeopardy $471 million in federal funding through the Housing Accelerator Fund (HAF).

The Scarborough region included in the adoption is generally bound by Steeles Avenue to the north, Midland Avenue to the west, Highway 401 to the south, and Neilson Road and Rouge River to the east, where a sixplex pilot ushered forth by Ward 23 Councillor Jamaal Myers was already in place.

Two years after signalling that it was going to make a change, the City of Victoria has unveiled a suite of changes to its parking regulations that would "shift away from the car-centric regulatory model to one that better aligns with City policy, responds to different mobility demands across specific geographic areas and addresses a more diverse range of mobility needs through a range of options."

"The current regulatory approach for off-street parking is largely focused on the provision of motor vehicle parking, setting minimum supply rates that are based on estimated off-street parking demand," said the City in a staff report that's set to be received by Council later this week. "Minimum supply rates vary between geographic area (lower rates downtown and in community villages), tenure (lower rates for market rental and affordable rental housing) and unit size (larger dwelling units require more parking than smaller units)."