Sean Fraser Threatens To Withhold Ontario's $353M For Housing

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Howard is a Staff Writer based in Burnaby who covers real estate and commercial real estate, with a focus on housing policy and the development industry.

In a letter to provincial Minister of Municipal Affairs and Housing Paul Calandra dated March 21, Sean Fraser said Ontario's action plan "is a disappointment."Whether or not Ontario will receive $353M from the Government of Canada that would go towards affordable housing is now contingent upon whether the Province submits a revised 2022-2025 action plan that the federal government finds satisfactory.

"Speaking frankly, the proposed Action Plan is a disappointment," Fraser wrote. "It shows almost no progress toward reaching the affordable housing expansion target, and proposed to achieve only 1,184 units of the 19,660 required by the end of the 2024-2025. This leaves 94% of the target to be achieved during the last 3 years of the agreement, which is not realistic."

Previously, Fraser was also in the centre of standoff with the Metro Vancouver Regional District in British Columbia over their proposed increases to development cost charges. Fraser pulled two planned HAF announcements and did not approve HAF applications for any other Metro Vancouver municipality for several months. He would ultimately approve the HAF agreements for the

 

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