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Bill 60: What Ontario’s New Housing Changes Mean for You

Bill 60: What Ontario’s New Housing Changes Mean for You

Fighting Delays, Building Faster Act, 2025 — Explained Simply

Ontario just passed Bill 60, also known as the Fighting Delays, Building Faster Act. There’s been a lot of noise, protests, headlines, and mixed opinions — and if you’re buying, selling, or investing, you’re probably wondering what this actually means for you.

Don’t worry. Here’s the clear, simple breakdown in plain English.


🏡 Why Bill 60 Matters

Housing affordability has been a huge challenge across Ontario. Prices keep climbing, rent is tougher to manage, and a lot of people feel like homeownership is slipping further away. Bill 60 is the government’s latest move to increase supply, speed up construction, and address rental-housing delays.

Some groups love it, others hate it — but here’s what’s actually changing.

🔹 Faster Approvals & More Housing Supply

One of the biggest goals of Bill 60 is to speed up development.

This means:

→ Faster approvals on new builds

→ Fewer delays between planning and construction

→ Clearer rules for developers

→ More transit-oriented communities

In simple terms: the province wants homes built quicker so there are more options for buyers and renters down the road.

🔹 Major Changes to the Landlord and Tenant Board (LTB)

This is where things get heated.

Bill 60 introduces significant changes to the LTB — something the real estate industry has been pushing for because the backlog has been overwhelming for years.

The bill will:

→ Speed up hearings

→ Improve the rent-arrears process

→ Make adjudication more efficient

→ Reduce long delays for both landlords and tenants

These updates are meant to make the system faster and fairer — but tenant groups argue it could make evictions easier. So expect ongoing debate and attention on rental housing.

🔹 Development Charges & Costs

TRREB welcomed the changes to development charges (DCs), because the old system created a lot of inconsistencies and delays.

Bill 60 aims to:

→ Standardize how cities calculate DCs

→ Increase transparency

→ Improve accountability on how funds are used

→ Reduce disputes between builders and municipalities

The idea is to reduce uncertainty and lower the cost of delivering new housing — which can help with affordability.

🔹 Municipal vs. Provincial Power

The bill gives the province more authority over planning decisions. Some cities aren’t happy about this.

What this means for you:

→ More consistency and faster approvals

→ Fewer municipal barriers that slow down construction

→ More projects moving forward sooner

But cities like Toronto and Hamilton worry this weakens tenant protections and local control.

🔹 So… Will This Make Housing Cheaper?

Not overnight — but the intention is to move in that direction.

More supply + faster construction = more options in the future.
But affordability still depends on:

→ Interest rates

→ Construction costs

→ Government incentives

→ Supply actually reaching the market

TRREB is also pushing for expanded HST rebates on new homes, which could help buyers down the road.


My Take

Bill 60 brings big changes — some helpful, some controversial — but overall, it pushes Ontario toward building faster and fixing long-standing delays in the rental and development system.

For homeowners, buyers, and investors, the key takeaway is this:

The market is shifting. More supply will come. Processes will speed up. And opportunities will open — especially if you stay informed.

If you want to know how these changes affect your purchase, sale, or investment plans, I’m always here to walk you through it.

From Loan to Home — Your Trusted Path to Ownership. 🏡

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