● That is almost twice the cumulative number of housing units required to be built by 2031 within the 25 GGH municipalities that have been recently assigned new housing targets by the Province. ● Many municipalities required no, or extremely limited, urban area expansions to accommodate population growth forecast by the Growth Plan to 2051. ● No additional overall housing capacity would be required in the GGH to meet the GGH’s share of the 1.5 million housing target for the Province of Ontario by 2031. ● Expansion of urban boundaries by thousands of hectares through provincial approval – or wholesale replacement of – City and Regional Official plans. Therefore, the 2 million total projected homes that could be built represent a conservative estimate of total possible future supply to 2031.
Source: National Post March 15, 2023 18:09 UTC