We do not need any additional bureaucracies to be able to do this. In fact, when you look at Ontario, which is the most regulated province in all of Canada when it comes to home construction, on average, 30% to 35% of the cost of a new home is made up of government fees and taxes. When we think about pricing things as a matter of right, that is not the case. It's being priced more like a luxury item or a sin tax in some cases.
When government creates the proper environment, our members can build homes quickly and affordably, but not when they have to incur significant increases in taxes, development charges and fees or face delays. On average, anywhere from $2,600 to $5,400 per month per home is the cost of delays from financing, losing labour mobility, etc.
Do we need more government bureaucracy to fix the problem? No. What we need is a clear, concise and consistent approach to allow builders to do what they do well.
