Ontario’s housing crisis has reached a point where euphemisms no longer help. This is not a normal market correction, a soft landing, or temporary cyclical slowdown. It is a systemic failure.

Housing starts have all but evaporated at precisely the time we need new homes the most. The upcoming Ontario budget must tackle the issue head-on and include measures to kick-start the industry.

Ontario’s housing...

Ontario needs more homes. There is little doubt about that. But more importantly, it needs a steadier way to deliver them.

At the present rate of building, we are nowhere near reaching the targets set by the Ontario and federal governments.

However, recent planning policy changes may be of some help, as they have opened the door to small multi-unit housing on residential lots across several municipalities...

The crane count is coming down across the Greater Toronto and Hamilton Area (GTHA), a symbol of what’s been happening in the residential construction industry.

There were 235 cranes atop buildings across the region as of Jan. 1, according to a tracking and analysis tool of UrbanToronto (UT), a website that covers construction development and real estate. That’s a drop of 44 cranes from the 279 that...