This is an UrbanToronto industry update sharing information and status updates from around the industry as a means to keep our readers in the loop. We are covering updates related to rules, regulations, and changes that are being made as a result of the pandemic that impact the real estate and building industries in Toronto.
In today's report: City Council approves changes to regulations for car and bike parking spaces in new developments; Next phase of Hurontario LRT construction set to begin in Brampton; TRREB Calls on City Council to Focus on Expanding Housing Supply instead of New Investor Tax; and more news:
Government notices and announcements:
Preserving the Maple Heritage Conservation District
City building advances in Vaughan
Toronto City Council approves coordinated traffic plan in preparation for Ontario Line construction
City Council approves changes to regulations for car and bike parking spaces in new developments
Toronto City Council approves extension of COVID-19 bylaws until April 2022
Notice of Consent for Demolition/Removal Application at 17 Lambert Common
Private sector/other notices and announcements:
RE/MAX: Canadian Real Estate Prices Expected to Rise 9.2% in 2022: RE/MAX
Metrolinx: Metrolinx COVID update – From GO-VAXX Bus to where to find pop-up holiday free test kits
Metrolinx: Next phase of Hurontario LRT construction set to begin in Brampton
TRREB: TRREB Calls on City Council to Focus on Expanding Housing Supply instead of New Investor Tax
Royal LePage: Canada’s national aggregate home price forecast to rise 10.5% by the end of 2022
RESCON: Accelerating climate plan will hamper efforts to build much-needed housing
RESCON: RESCON pleased Toronto council has given green light to revised parking requirements
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Everyone from construction workers to brokers to real estate executives is encouraged to share tips on what work and events have stopped, what is proceeding, and how their businesses are being affected by the various shutdowns.