The fall of 2022 has been chockablock with legislative and
regulatory news that for the most part has been positive for the
development industry. Of course, the most impactful of these events
has been the passage of Bill 23, More Homes Built Faster
Act, 2022. Much has been written about this legislation and
the potential impact on the new home industry, such as reducing
development times, increasing density and supply and as a result,
reducing cost to consumers.
However, there have been other noteworthy events over the last
few months:
- HCRA regulatory action against Adi Development
Group
This matter relates to the Adi Nautique Lakefront Residences
project in Burlington which has now been settled. This proposed
regulatory action notice given at the end of August 2022 made
headlines, as this was the first case and flexing of muscles by
HCRA in respect of its regulatory powers regarding what the HCRA
considers activities in contravention of its
