Ontario’s Bill 98, the Building Homes and Improving Transportation Infrastructure Act, 2026 (“Bill 98”) received royal assent on June 2, 2026. Bill 98 represents the most recent omnibus legislation by the Province of Ontario (the “Province”) aimed at increasing the housing supply by speeding up planning approvals. Bill 98 also includes a specific focus on transit infrastructure and changes in how existing and planned transit service is delivered.
Bill 98 was introduced following the March 30, 2026, announcement of a new partnership between the federal government and the Province to create more affordable homes, infrastructure and transit. This partnership will provide funding for infrastructure investments across the Province; the goal is to incentivize certain municipalities to substantially reduce residential development charges, thereby cutting the costs of new homes by up to $200,000 while bridging the gap to fund needed infrastructure improvements.
