One Ontario is pleased to announce that the Toronto Regional Real Estate Board (TRREB) has joined the One Ontario coalition as a Champion Sponsor.
TORONTO, Ontario, August 4th, 2021
One Ontario is pleased to announce that the Toronto Regional Real Estate Board (TRREB) has joined the One Ontario coalition as a Champion Sponsor.
TRREB believes that the efforts of One Ontario to streamline the development approvals process will result in more ownership and more rental housing.
TRREB supports One Ontario as they believe that streamlining and modernizing the development approvals process is necessary and will lead to an increase in housing supply within the greater Toronto area. TRREB also believes that supply constraints and rising demand are leading to affordability issues within the GTA and this is not sustainable long term. TRREB wants to ensure that the GTA remains a vibrant city with a well balanced mix of housing that includes sustainable affordable housing, while ensuring adequate supply and demand necessary to meet the goals of their members.
“All levels of government – most recently the federal Minister of Finance – have acknowledged that long term housing affordability in Canada, including the GTA, will be predicated on the ability to bring more supply on line. With the federal, provincial, and municipal governments on the same page, we need to see a coordinated and collaborative effort to streamline the development approvals process to pave the way for more ownership and rental housing,” said TRREB CEO John DiMichele.
“There is very significant upward pressure on the housing prices in the GTA,” said Arash Shahi, TRREB member and CEO of AECO Innovation Lab “Affordability is definitely a challenge not just in GTA but across Ontario. Adding TRREB to the collective One Ontario voice advocating for a streamlined development process is key to achieving long term sustainable supply for Toronto realtors, and housing affordability for the province as a whole.”
About TRREB
The Toronto Regional Real Estate Board (TRREB) is a not-for-profit corporation founded in 1920 by a small group of real estate practitioners. Today, as Canada's largest real estate board, TRREB serves more than 62,000 licensed real estate Brokers and Salespersons in and about the Greater Toronto Area. TRREB is the collective voice for both its commercial and residential REALTOR® Members and operates under the direction of an elected voluntary Board of 14 Directors. To learn more visit: https://trreb.ca/ LinkedIn: Toronto Regional Real Estate Board
About One Ontario
One Ontario is a collaborative initiative established by AECO Innovation Lab, with the aim of establishing a set of provincial guidelines for data and information exchange throughout the development approval process. The framework will be aligned with regulatory requirements set by the province and will be driven by technological tools and advancements within the AEC industries. Follow One Ontario on social media: LinkedIn
About AECO Innovation Lab
AECO Innovation Lab leads digital transformation of architecture, engineering and construction (AEC) industries and governments through collaborative R&D projects. We are dedicated to breaking down silos and increasing the productivity of the AEC sector by providing a hub for collaboration, knowledge sharing and digital transformation. AECO R&D projects unite the private, public and academic sectors by building coalitions to investigate AEC industry operating practices and develop optimization solutions. To learn more visit - www.aecoinnovationlab.com and follow AECO on social media: LinkedIn and Twitter
