Housing prices have increased 33 percent compared to the previous year in Toronto, and now the provincial government is snapping into action.

"[Ontario] Premier Kathleen Wynne is slapping a 15 per cent 'non-resident speculation' tax on foreign investors to help cool down southern Ontario’s scorching real estate market," reports Robert Benzie.
The 15 percent surcharge on offshore speculators is just one component of what Benzie describes as a "massive plan to improve housing affordability." Other proposals include a "clampdown on domestic housing speculators," improved transparency on the bidding war that have driven up prices, and rent control. The government of Ontario has created a website to explain the Fair Housing Plan in more detail.
In a separate article, Bezie provides more details on the 15 percent surcharge on offshore speculators.
FULL STORY: Wynne to slap 15 per cent tax on foreign real estate speculators

Montreal Mall to Become 6,000 Housing Units
Place Versailles will be transformed into a mixed-use complex over the next 25 years.

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

DARTSpace Platform Streamlines Dallas TOD Application Process
The Dallas transit agency hopes a shorter permitting timeline will boost transit-oriented development around rail stations.

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California’s new daylighting law bans parking within 20 feet of crosswalks. How can cities best use this space?

ADUs for Sale? San Diego Could Legalize Backyard Condos
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Dallas Ditches Parking Minimums in 14-1 Vote
The sweeping city council decision removes set parking requirements from developments downtown, near transit, small businesses and more.
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