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Nation's Largest Province Targets More Multifamily Units To Boost Affordability

Ontario Budget Allows Municipalities To Charge Lower Tax Property Rate to Apartment Landlords
The Ontario Legislature in Toronto, where the province tabled its latest budget. (CoStar)
The Ontario Legislature in Toronto, where the province tabled its latest budget. (CoStar)
CoStar News
March 27, 2024 | 7:29 P.M.

Canada's largest provincial government is proposing a new budget measure in Ontario that encourages municipalities to lower taxes for multifamily units, the latest move to ease housing affordability in the country.

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