Colleges, universities need to help ease housing crisis: report

TORONTO — All levels of government need to collaborate to get more housing built in Ontario, but that work also needs to include the post-secondary education sector, says a report published Thursday by a University of Ottawa-based think tank.

"In fact, Ontario has never built more than 850,000 new homes in any ten-year period. Ever. In short, Ontario must do something it has not done in over forty years, then double it." The province has suggested that offsetting a loss of municipal revenue from a provincial law that reduced fees developers pay to municipalities will be contingent on the communities meeting those targets. But many municipalities have expressed concern that there is only so much control they have over the number of housing units that get built.

The federal government has to ensure that immigration and international student policies are aligned with housing policies, and can affect housing through financing and insurance for projects, taxes and fees, and the National Building Code, the report noted. International student enrolment in particular has quickly increased over the past several years, with the number of international students at Ontario universities nearly doubling from 2014-15 to 2021-22, and more than tripling at colleges.

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