Ontario Premier Kathleen Wynne has revealed a plan for the Toronto real estate sector and other overheated markets to attempt to address what her government is calling a "problem."
Highlights of the 16-point plan introduced to help curtail the city's runaway housing sector include a new 15 per cent foreign property buyers' tax, a cap on rent hikes, a new standard lease for tenants, a $125-million program to encourage new purpose-built rental apartment buildings and proposed changes for realtors.
Here is a snapshot of how the news media covered the announcement, including commentary and video.
