Report of the Ontario Housing Affordability Task Force
Report of the Ontario Housing Affordability Task Force Jake Lawrence Chair, Housing Affordability Task Force Chief Executive Officer and Group Head, Global Banking and Markets, Scotiabank Report of the Ontario Housing Affordability Task Force | 3 Letter to Minister Clark Dear Minister Clark, Hard-working Ontarians are facing a housing crisis. For many years, the province has not built enough housing to meet the needs of our growing population. While the affordability crisis began in our large cities, it has now spread to smaller towns and rural communities. Efforts to cool the housing market have only provided temporary relief to home buyers. The long-term trend is clear: house prices are increasing much faster than Ontarian’s incomes. The time for action is now. When striking the Housing Affordability Task Force, you and Premier Ford were clear: you wanted actionable, concrete solutions to help Ontarians and there was no time to waste. You asked us to be bold and gave us the freedom a
