TRREB to Host Fireside Chat with Mayor John Tory Tomorrow

Ahead of this fall’s municipal election, Mayor John Tory will be sitting down with Toronto Regional Real Estate Board (TRREB) leadership for a fireside chat.

The event, to be held tomorrow, will include remarks from Tory and a discussion with TRREB President Kevin Crigger and TRREB CEO John DiMichele. The event will broach various municipal matters facing the City, including housing affordability and supply, transit and transportation, home energy rating and disclosure program, and taxation issues.

We heard from Tory earlier this summer on some of these challenges and his thoughts on addressing them in the years ahead. In August, Tory -- who is currently running for a third term -- released his election platform, including a five-point plan geared at creating more housing and addressing affordability challenges in the city.

Tory’s plan includes:

Diversifying and densifying Toronto’s housing stock by encouraging the construction of middle-density housing, particularly near major roads and in areas well-served by transit.
Improving bureaucratic processes (cutting down on red tape and streamlining approval times) and creating a Development and Growth Division to help to ensure that housing is being built efficiently.
Expediting housing development projects by enacting a “use it or lose it” policy for developers in possession of approved, but undeveloped, land.
Dedicating a portion of City-owned land to non-profit bodies with the ability to build co-op, supportive, and affordable housing.
Encouraging developers to build purpose-built rental housing by reducing fees and charges, and expediting the approval process for PBR applications.

“We’ve made strong progress over the past eight years to get housing built in Toronto, but to tackle increased affordability challenges brought on by a national housing shortage we need to build more homes, faster,” said Tory in a press release in August.

“This is about making sure that young people can live and raise their families in the neighbourhoods they grew up in, seniors can stay in their neighbourhoods if they decide to downsize, and newcomers can continue to move to and contribute to this City.”

TRREB’s fireside event with Mayor Tory will be held in person tomorrow at 12:30 p.m. at Parkview Manor. TRREB Members will be in attendance and media is welcome.

Affordable Housing

TRREB to Host Fireside Chat with Mayor John Tory Tomorrow

Tomorrow, Mayor John Tory will be sitting down with Toronto Regional Real Estate Board leadership for a fireside chat.

Trending

You may also like

Wednesday’s decision — the last of the year — brings the policy rate down to 3.25%.

Ontario's Landlord and Tenant Board has tripled its adjudicators and cemented a digital-first approach, but it continues to face a massive backlog, igniting calls for change.

Though rents remain well above historic levels, they are on the decline, with November posting a 1.6% drop in prices compared to last year.

The penthouse sits atop 21 Dallas Road, right next to Fisherman's Wharf in Victoria.

The updated plans include an additional 24 storeys and 527 rental apartments, all within walking distance of the Eglinton Subway and planned Eglinton Crosstown LRT stop.

The key policies introduced this year — ranging from new zoning laws to federal housing initiatives — show promise in addressing Toronto's housing crisis and improving its transit options.

​The Madeira Manor site at 4330 Maywood Street (6677 Silver Avenue) in Burnaby was acquired by Thind Properties from Kirpal Group.

For the last interest rate announcement of 2024 — slated for Wednesday, December 11 — the question is (once again) not will the Bank of Canada lower the rate, but by how much.

If one home simply won't cut it, why not try four, spread across a 39-acre estate nestled along the edge of the Niagara Escarpment?

There’s a lot of pessimism surrounding housing in Canada, but Goldstein speaks on the topic with an undertone of hopefulness and positivity. “The fact that we are having these conversations, I think, is so exciting,” she says.

The mixed-use development would deliver 620 residential units within walking distance of the Main Street Subway Station and Danforth GO.

It's time to say "Hello" to Ally Ballam, Advisor, Engel & Völkers Vancouver, who focusses on Vancouver, North Vancouver, Tri-Cities, and the Fraser Valley.

At a Committee meeting on Thursday, councillors adopted a number of items that tackle the missing middle, optimizing building guidelines, and addressing office vs. housing needs throughout the City.

The Ottawa-based developer secured new financing to clear $6.5M in debt and climb out of receivership in mid-September, but was ultimately denied in late-November.

An ongoing dispute between Peterson Group and Create Properties resulted in the Burnaby Lake Village project being placed under creditor protection in November.

Pending potentially damaging evolutions in political leadership, global conflict, and trade agreements, Royal LePage is predicting a return to stability in Canada's housing market come 2025, with prices appreciating at a steady rate.

2024 © STOREYS Publishing Inc. | All Rights Reserved

The Madeira Manor site at 4330 Maywood Street (6677 Silver Avenue) in Burnaby was acquired by Thind Properties from Kirpal Group.