RESCON aiming to spur action at upcoming housing summit

The Residential Construction Council of Ontario (RESCON) is organizing an online housing summit on September 24 to address the urgent housing crisis caused by cumbersome planning processes, high taxes, and regulatory challenges. Ontario's housing starts have significantly declined, exacerbating economic issues and causing job losses in the construction sector. The summit aims to gather insights from industry leaders and suggest policy changes to boost homebuilding. Key speakers include Ontario's Municipal Affairs and Housing Minister and senior economists, who will discuss strategies to address the low levels of new home and condo sales.