As municipalities and regions across the province work on completing municipal comprehensive reviews (MCRs), the Ontario Home Builders' Association has commissioned a report written by Dr. Mike Moffatt, Assistant Professor in the Business, Economics and Public Policy group at Ivey Business School, Western University, and Senior Director, Policy and Innovation at the Smart Prosperity Institute, titled "Baby Needs a New Home." (Condensed Durham Region Version)

This informative report concludes that  with 2.27 million more people calling Ontario home over the next decade, Ontario will need to build one million new homes just to keep up with population growth, the formation of young families, and to address current and future housing supply shortages. The growing population of Ontarians in their late 20s and early 30s is driving the demand for family-friendly housing. Families are spreading out across the province looking for a home in which to raise a family or are delaying having children due to a lack of housing options.

Meeting the goal of one million homes over the next decade is a significant challenge and is required to ensure an adequate supply of high-quality available and attainable housing, while at the same time driving economic prosperity. Failure to do so will make it impossible for Ontario to attract and retain the talent it needs to compete in the global economy. Oshawa must be prepared to accommodate the different forms and densities of housing units that family formations will demand, while having a sufficient quantity of housing supply to meet the needs of population growth. Furthermore, in addition to the planning, zoning and development approvals required, it is imperative that the necessary municipal infrastructure, including sanitary sewer and water capacity, is planned, approved and available to accommodate the pending growth over the coming years.

To further examine the report, OHBA is hosting a webinar with Dr. Moffatt on:

Tuesday, December 7th at 10 a.m

Register: https://us02web.zoom.us/webinar/register/WN_-pi54Z5UQQez9LxSgHcBaQ

Local and regional councillors, mayors as well as municipal and regional staff have also been invited to attend.