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ARTICLE · 02 DECEMBER 2022

Planning And Development Overhaul In Ontario: What It Means For Developers

Blake, Cassels & Graydon LLP
Blake, Cassels & Graydon LLP
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Blake, Cassels & Graydon LLP

Blake, Cassels & Graydon LLP

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Since October 25, 2022, when the Government of Ontario introduced Bill 23, the More Homes Built Faster Act, there has been much anticipation about the potential impacts on land...

CanadaReal Estate and Construction

Since October 25, 2022, when the Government of Ontario introduced Bill 23, the More Homes Built Faster Act, there has been much anticipation about the potential impacts on land use planning and development in the province. On November 28, 2022, Bill 23 received royal assent and was passed into law. Its amendments to numerous pieces of legislation are extensive and intended to help achieve the government's objective of building 1.5-million homes over the next 10 years. Most changes came into force upon royal assent; here is an overview of some of the most impactful ones.

CITY OF TORONTO ACT AND MUNICIPAL ACT

Rental Housing Replacement

The Minister of Municipal Affairs and Housing (the Minister) may limit a municipality's power to prohibit and regulate the demolition and conversion of rental units, a broad power intended to preserve a municipality's existing rental stock. Just how broad that power will remain is now up to the Minister and there may be less onerous

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