A home is key to building a better and brighter future, and the neighbourhoods we live in are a backdrop to where we work, live and play. These communities all offer access to jobs, resources and social services. Together, they create a home and the quality of life that we all desire.
Now more than ever, planning for growth is critical. This year’s report, The Post-Pandemic Future: Communities, Housing & Employment, focuses on housing, jobs and infrastructure. Demand isn’t going away and will likely accelerate over the next year.
With the Greater Toronto Area (GTA) population set to increase, we can expect market conditions to tighten within the ownership and rental markets. We need action plans from policymakers to build more diverse homes to address the affordability and supply challenges. This new growth also requires upgraded infrastructure to accommodate the GTA, also known as one of the fastest growing metropolitan areas in North America. We’ll need improved roadways, highways, and further access to transit that reduces gridlock and moves people and products where they need to go.