Government News
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TRREB Urges GTA Municipalities and Regions to Apply for Development Charge Reduction Program
TRREB is calling on key municipal and regional governments across the Greater Toronto Area (GTA) and Simcoe County to apply for the Canada–Ontario Development Charges Reduction Program (DCRP) before the application deadline. Development charges can amount to up to 20 per cent of a home’s purchase price. The program gives municipalities a significant opportunity to…
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TRREB Welcomes Launch of Canada’s New National Artificial Intelligence Strategy
The Toronto Regional Real Estate Board (TRREB) welcomes the federal government’s launch of AI for All, Canada’s new national artificial intelligence strategy, and congratulates Prime Minister Mark Carney, Minister Evan Solomon, and the Government of Canada on this important announcement. Artificial intelligence is already changing how Canadians live, work, do business, and make major decisions.…
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TRREB Welcomes Launch of Ontario–Canada Development Charges Reduction Program
The Toronto Regional Real Estate Board (TRREB) welcomed the launch of the Ontario–Canada Development Charges Reduction Program, calling it a major step toward lowering housing costs, improving project viability, and accelerating the construction of much-needed homes across the Greater Golden Horseshoe. The program is part of the broader Ontario–Canada Partnership to Build, a cost-matched commitment…
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Federal Government Spring Economic Update and Housing
TRREB welcomes the federal government’s Spring Economic Update which continues the government’s focus on housing supply and affordability. The measures signal meaningful progress on long-standing priorities shared by homebuyers across the Greater Toronto Area and Simcoe County. Several initiatives align with TRREB and CREA advocacy goals, including increased flexibility in mortgage insurance to support missing-middle…
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TRREB Statement on Vaughan’s Reduction of Development Charges
TRREB welcomes the City of Vaughan’s decision yesterday to temporarily reduce residential development charges to zero to help accelerate housing construction and improve affordability for current and future residents. This is the type of bold municipal leadership needed to address Ontario’s housing supply crisis. Development charges are a major cost embedded in the price of…
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New TRREB Housing Report Recommends Action to Remove Remaining Roadblocks to a More Diverse Housing Supply
The Toronto Regional Real Estate Board (TRREB) today released a major new housing policy report, “Removing Roadblocks: Tackling Municipal Barriers to Housing Supply and Affordability in Ontario,” outlining the next phase of provincial housing policy reforms needed to build more of the right types of homes and improve affordability for Ontarians. The report recognizes the…
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TRREB: The Building Homes, Infrastructure Act and Development Charges Reduction Commitment are Significant Steps to Boost Housing Supply and Affordability
At a time of significant economic uncertainty and declining housing starts, the Toronto Regional Real Estate Board (TRREB) welcomes the Province of Ontario’s introduction of the Building Homes and Improving Transportation Infrastructure Act, as another step toward addressing the Province’s housing supply and infrastructure challenges. TRREB is particularly encouraged by the legislation’s focus on removing regulatory…
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TRREB Welcomes Canada-Ontario Development Charge Reduction Commitment
At a time of ongoing housing affordability challenges and broader economic uncertainty, the Toronto Regional Real Estate Board (TRREB) welcomes the signing of the Canada–Ontario Partnership to Build, which introduces a new commitment to reduce municipal development charges. Development charges amount to up to 20 per cent of a home’s purchase price. TRREB has relentlessly advocated…
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HST Elimination for all Buyers of New Housing is a Major Step Forward
The Toronto Regional Real Estate Board (TRREB) welcomes today’s announcement from the Government of Ontario and Federal Government to extend the elimination of the 13 per cent HST from first-time buyers to now include all buyers of new homes valued up to $1.5 million. The rebate will be capped at $130,000 and reduced further for…
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Advocacy Update: Submissions on Supply and Affordability to York Region and Whitchurch-Stouffville
TRREB has weighed in with more solutions to support housing supply and affordability in key areas of our region. Lower Development Charges in York Region TRREB responded to York Region Council’s announced proposed development charge rate changes, which include minor decreases for residential units. We welcome any reduction in development charges, which can add over…
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TRREB Submission on Proposals to Regulate Criminal Activities on Rented Premises
TRREB recently submitted comments to the Ontario Solicitor General on proposals to regulate criminal activity on rented premises for both residential and commercial properties under the Measures Respecting Premises with Illegal Drug Activity Act, 2025. While TRREB supports efforts to address illegal drug production and improve community safety, we emphasized that any regulatory framework must avoid…
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Advocacy Update: TRREB Delivers 2026 Budget Submissions Across Key Municipalities
TRREB submitted pre-budget recommendations for 2026 to municipalities and regions across the Greater Toronto Area (GTA) and Simcoe, including Toronto, Peel Region, York Region, Brampton, Mississauga, Richmond Hill, Markham, Vaughan, Newmarket, Simcoe County, and Barrie. These submissions draw on TRREB’s extensive market expertise to address the ongoing housing supply and affordability challenges. They emphasize bold,…