Toronto’s ongoing efforts to address housing growth continue to make headlines, but as someone who’s worked on over 450 real estate transactions in this city, I see firsthand the real hurdles that remain. While reduced development charges, new incentives, and policy reforms are steps in the right direction, many approved projects still stall before breaking ground—largely due to challenges with financing, infrastructure, labour shortages, and shifting market conditions. Real progress will require not just policy tweaks, but lasting reforms and stronger coordination across all sectors. Drawing on my experience serving on industry committees and guiding clients through complex transactions, I know that overcoming these obstacles is essential if we want Toronto’s housing supply to truly meet demand.
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