After carefully reviewing the federal government’s budget, it is clear that many of the housing supportive measures included will be beneficial to adding critical housing supply in municipalities across Canada and in the Greater Toronto Area. How beneficial will come down to alignment in implementation and speed at the municipal level. 

The federal government’s housing plan and budget measures have a number of positive initiatives and measures for adding housing supply. First, is the focus on housing supportive infrastructure, especially as this compliments the Ontario government’s infrastructure funding announcement from late March. Not only is the tangible investment itself significant, but equally important is the growing recognition by higher orders of government that the development of new housing supply is dependent on housing supportive infrastructure and that municipalities are challenged in this area.