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ARTICLE · 31 OCTOBER 2022

More Homes Built Faster Act, 2022 Proposes Significant Changes To Legislation

On October 25, 2022, Ontario's Minister of Municipal Affairs introduced the much-anticipated Bill 23, More Homes Built Faster Act, 2022 ("Bill 23") for first reading.

CanadaReal Estate and Construction

Overview

On October 25, 2022, Ontario's Minister of Municipal Affairs introduced the much-anticipated Bill 23, More Homes Built Faster Act, 2022 ("Bill 23") for first reading. As of October 26, 2022, the bill was brought forward for a second reading.

Bill 23is intended to support Ontario's Housing Supply Action Plan, with a stated aim of increasing housing supply in the Province. The billproposes to introduce various amendments to multiple statutes including:1

1. City of Toronto Act, 2006/Municipal Act, 2001

2. Conservation Authorities Act

3. Development Charges Act, 1997

4. Ontario Heritage Act

5. Ontario Land Tribunal Act, 2021

6. Planning Act

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