Major Housing and Infrastructure Investments Create New Opportunities Across Toronto

Toronto, ON – June 24, 2026

The housing and construction sector received significant news this week as all three levels of government announced a landmark agreement to reduce development charges in Toronto by up to 60 percent and invest up to $1.5 billion in housing-enabling infrastructure across the city.

These measures are expected to unlock more than 44,000 new housing units, reduce costs for builders and developers, and accelerate the delivery of much-needed housing throughout Toronto.

Key highlights include:

• Development charge reductions of up to 60 percent for many ownership and rental housing types, with reductions of 40 percent for one-bedroom and bachelor units.
• Approximately $83,000 in development charge savings for a new single or semi-detached home.
• Up to $1.5 billion in infrastructure funding to support transit, roads, water and wastewater systems, and other projects that will enable future growth and housing development.
• Full implementation of Ontario’s enhanced HST rebate program, providing substantial tax relief for eligible new home purchases and helping improve market conditions for both builders and purchasers.

These announcements represent one of the most significant housing affordability and growth initiatives in recent years and will create new opportunities for developers, builders, infrastructure contractors, consultants, and suppliers across the Greater Toronto Area.

As projects move from planning to procurement and construction, GTA Strategies is positioned to help organizations navigate these opportunities and capitalize on them.

Whether your organization is pursuing new housing developments, infrastructure projects, municipal contracts, or strategic partnerships, GTA Strategies can help connect your business to opportunities emerging from these investments.

We would welcome the opportunity to discuss how these changes may impact your organization and identify strategies to position your team for success.

Please feel free to contact us to arrange a conversation at (416) 499 4588 ext 1 or by email at info@gtastrategies.com