As the country's housing crisis continues to be a top issue, Premier Doug Ford's Aug. 9 throne speech was viewed positively by the Ontario Home Builders' Association (OHBA).
Luca Bucci, the chief executive officer (CEO) of the OHBA, told The Sam Laprade Show on Wednesday, Aug. 10, that he was excited to hear the speech allude to housing and the commitment to build 1.5 million new homes within 10 years.
He explained that Ontario is in a limited window to see the changes it needs, and as immigration steadily increases, the housing shortage needs to improve.
"The government really needs to act quickly and put bold decisions and bold measures in place to address this issue in the near term," he said.
The OHBA released five points on Aug. 9 that would speed up the home building process, including making homes cheaper to build, increasing the space available for homes and ensuring homes are properly resourced through infrastructure development.
Bucci added that making more houses available would help make them more affordable.
"What we see right now is supply is restricted [and] it puts a higher demand on all types of housing, whether it's affordable or market-based," he said. "Let's just get more houses built, let's get housing cheaper across the board. And let's make…all types of housing available for the needs of every Ontarian."
Listen to the full interview with Luca Bucci below: