Pre-Budget Consultations – January 2022
FUN recognizes the significant fiscal challenges facing the Government of Ontario, especially in light of the continuing Pandemic. We also believe that investing in and maintaining physical and social and health infrastructure, all the while addressing the Climate Emergency are critical to the future wellbeing of all Ontario residents. However, we are choosing to focus at this time on the growing Housing Market and Housing Affordability issue and offer a recommendation for inclusion in the Spring 2022 Ontario Budget.
We are all aware that Housing is becoming increasingly unaffordable in all urban areas of Ontario, especially Toronto. We are concerned however that the Government of Ontario is not effectively addressing the issue. The core issue is the rampant speculation in the housing market.