A survey shows homebuilders in Hamilton and Burlington don’t have to deal with a lot of red tape.
The Fraser Institute survey shows typical compliance costs were about 46-thousand dollars per unit of new housing in Toronto, compared to 20-thousand in Hamilton.
In Oakville, the cost is more than 60-grand.
Burlington is listed as the least regulated municipality in the Greater Golden Horseshoe area, followed by Hamilton, Milton, Brampton and Uxbridge.
The co-author of the study says the costly and confusing regulations, long approval times, and rezoning delays, “increases the costs and impedes new homes from being built throughout the Golden Horseshoe.”
Toronto ranked 20th out of 23 municipalities, ahead of only Oakville, Ajax and King Township.
*Greater Golden Horseshoe municipalities (least regulated at the top):
Bradford West Gwillimbury