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RESCON to host summit in March that explores housing crisis

DCN-JOC News Services
RESCON to host summit in March that explores housing crisis

VAUGHAN, ONT. — The Residential Construction Council of Ontario (RESCON) is hosting Housing Supply Summit 2022: Solutions to Build More Homes on March 3 to explore strategies to the current housing crisis.

The free event, which will run from 10:30 a.m. to 2:30 p.m., will feature a diverse group of speakers discussing the reasons for the shortage and sharing their experiences and opinions on how to boost the supply of housing stock.

Invited keynote speakers include Municipal Affairs and Housing Minister Steve Clark, federal Minister of Housing and Diversity and Inclusion Ahmed Hussen and Barrie Mayor Jeff Lehman, chair of Ontario’s Big City Mayors. Jason Mercer, chief market analyst at the Toronto Regional Real Estate Board, will provide an outlook on the housing market.

The event will feature remarks from political party leaders, presentations from Dentons counsel Mary Ellen Bench, Concept 2 Keys director Kris Hornburg and CANCEA president Paul Smetanin. TVO reporter John Michael McGrath will be the moderator.

Concurrent panels include innovative approaches to delivering more housing; what can we learn from other jurisdictions; overcoming restrictive zoning: solutions for ownership and rental housing; and the elephant not in the room: labour supply shortages.

“The demand for housing shows no signs of abating and home prices are rising far beyond what most families can afford,” said RESCON president Richard Lyall in a statement. “It is time for concrete measures to be taken to speed-up the development review process so builders can get shovels in the ground quicker and generate more housing.

“Developers, builders and other industry stakeholders must come together and work with government to find a solution to the problem,” added Lyall. “This housing summit is the first step in that process.”

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