Developers promised Greenbelt access

  5/1/2018 |   SHARE
Posted in GTA Real Estate by Forest Hill Real Estate Signature| Back to Main Blog Page

Greater Toronto Area

Doug Ford says he would open up the protected Greenbelt around the Toronto area for some development if elected premier this spring.

The Progressive Conservative leader says he supports the idea of the protected region but would allow development in some areas to create more supply in the housing market, including more affordable housing.

For every piece of the Greenbelt opened for development, Ford says he would add equivalent land to the protected area to ensure it doesn't change in size, but he didn't offer details on how that would work.

His comments come after Liberal Environment Minister Chris Ballard pointed today to a video of the Tory leader taken in early February in which Ford says he would open up a "big chunk" of the Greenbelt for development.

Ballard said the Greenbelt, which borders the Greater Golden Horseshoe area that surrounds Lake Ontario, must continue to be preserved.

The Greenbelt, established in 2005, protects environmentally sensitive land and farmlands from urban development.

Source: The Canadian Press



GTA Real Estate Market, New Developments, New Homes