TORONTO — Paul Calandra, Minister of Municipal Affairs and Housing, released the following statement: “When it comes to building at least 1.5 million new homes by 2031, we need all hands on deck. To do so, today we convened more than 75 organizations, including municipal partners, as part of Ontario’s first annual housing forum. Together, we’re discussing how we can …
Ontario Begins Audit of Municipal Finances
Findings will support provincial work to boost housing supply and affordability TORONTO — Ontario has selected a third party to audit the finances of six municipalities as part of its ongoing work to build 1.5 million homes by 2031. Following a competitive procurement process, Ernst & Young LLP has been retained to examine the finances of the City of Toronto, …
3rd-Party Audit Process of Municipal Finances, Development Fees
Province working with select municipalities to ensure municipal finances support increased housing supply TORONTO — Ontario is moving forward with the audit process for the finances of six select municipalities, including the City of Toronto, by initiating the procurement of third parties to conduct the reviews. At a time when Ontario, like the rest of North America, is experiencing challenging headwinds …