Highrise Building: Approval Steps and Government Regulation

highrise building: We should be building a healthy supply of new homes equally fast so that newcomers and established residents can find places to live at prices they can afford, according to Toronto Star. Unfortunately, as things stand, getting new homes to market in the GTA is a process hindered by red tape and lengthy delays. New residents bring their skills and talents, and they spur economic growth from which we all benefit. In order to get approvals for a new project, developers have to navigate layers of government regulation. To be clear, our industry supports regulation that ensures safe, well-built projects. On the municipal level alone, they go through 15 major approval steps to complete a townhouse complex or a single-family home, and nine major steps for a highrise building. (www.immigrantscanada.com). As reported in the news.