Tag #Zoning

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theglobeandmail.com

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Aug 22, 04:16

Toronto's Sixplex Compromise: $118 Million in Federal Housing Funds at Risk

Toronto Mayor Olivia Chow met with federal Housing Minister Gregor Robertson to discuss Toronto's partial approval of sixplexes, impacting $118 million in housing funding; while no decision was reached, Ms. Chow highlighted 30,000 ready housing units contingent on federal funding for development cha...

Toronto's Sixplex Compromise: $118 Million in Federal Housing Funds at Risk

Toronto Mayor Olivia Chow met with federal Housing Minister Gregor Robertson to discuss Toronto's partial approval of sixplexes, impacting $118 million in housing funding; while no decision was reached, Ms. Chow highlighted 30,000 ready housing units contingent on federal funding for development cha...

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Sustainable Cities and Communities

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How does Toronto's compromise on sixplexes compare to the overall progress the city has made in addressing its housing targets?

The disagreement centers on Toronto's compromise to allow sixplexes in only nine of its 25 wards, despite Ottawa's request for city-wide approval. Ms. Chow argues that the city is on track to exceed its housing targets even without widespread sixplexes, emphasizing larger projects totaling 30,000 units. This highlights a broader tension between federal housing targets and local zoning regulations.

theglobeandmail.com

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May 1, 01:16

Canada's Housing Crisis: Ultralow Interest Rates and the Post-2008 Shift

Following the 2008 financial crisis, the Bank of Canada's ultralow interest rate policy, unlike the U.S., fueled speculative investment in Canada's housing market, exceeding supply and causing a sustained affordability crisis, marked by a home price-to-income ratio exceeding nine since 2008.

Canada's Housing Crisis: Ultralow Interest Rates and the Post-2008 Shift

Following the 2008 financial crisis, the Bank of Canada's ultralow interest rate policy, unlike the U.S., fueled speculative investment in Canada's housing market, exceeding supply and causing a sustained affordability crisis, marked by a home price-to-income ratio exceeding nine since 2008.

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Reduced Inequality

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What triggered the significant increase in Canada's home price-to-income ratio, pushing it beyond historical affordability levels?

Canada's unaffordable housing crisis, primarily driven by a surge in demand exceeding supply, significantly accelerated after 2007-2008. This period saw ultralow interest rates, encouraging speculative investment and mortgage leverage, unlike the U.S. where a housing crash occurred. The resulting imbalance between supply and demand pushed the home price-to-income ratio far beyond historical norms.

cbsnews.com

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Aug 7, 22:16

40+ Ballot Questions Proposed for 2026 Massachusetts Election

More than 40 proposed ballot questions in Massachusetts, including changes to voter ID laws, same-day registration, the MBTA Communities Law, tax cuts, and regulations on self-driving cars, cleared an initial deadline on Wednesday, September 4th, 2024, for the 2026 general election.

40+ Ballot Questions Proposed for 2026 Massachusetts Election

More than 40 proposed ballot questions in Massachusetts, including changes to voter ID laws, same-day registration, the MBTA Communities Law, tax cuts, and regulations on self-driving cars, cleared an initial deadline on Wednesday, September 4th, 2024, for the 2026 general election.

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Peace, Justice, and Strong Institutions

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How might the proposed changes to voter ID laws and same-day registration affect voter turnout and election administration in Massachusetts?

These diverse ballot initiatives reflect significant policy debates in Massachusetts. For example, proposals regarding voter ID and same-day registration highlight ongoing discussions about election access and security. Similarly, the proposed repeal of the MBTA Communities Law reflects local opposition to mandated multi-family housing.

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