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Toronto mayoral candidates debate housing supply, affordability solutions

Toronto mayoral candidates debate housing supply, affordability solutions

BNN Bloomberg
Wednesday, May 24, 2023 07:46:53 PM UTC

Toronto mayoral hopefuls squared off Wednesday in a debate over their proposed solutions to the city’s housing supply and affordability challenges, with candidates clashing over the government’s role in getting more homes built.

Hosted by the Residential Construction Council of Ontario and several other housing sector organizations, the debate at George Brown College heard from the six frontrunners in the crowded race ahead of the byelection voting day set for June 26.

CITY’S ROLE IN HOUSING CRISIS

With sky-high rents priced higher than $2,500 per month for a one bedroom and average home prices pegged at around $1 million, Toronto is a case study for the housing issues plaguing cities across Canada.

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