King Township Wins Dubious Honour: King of Red Tape

King Township is the most heavily regulated place in the Greater Golden Horseshoe, according to a new Fraser Institute ranking of 23 municipalities, with the longest construction approval time (20.2 months, versus a 17.5 month region average) and the highest regulatory costs and fees. Oakville ranked as the second most regulated municipality, followed by Oshawa, Aurora, Halton Hills and Caledon. Toronto placed seventh. Housing affordability is a big issue, Fraser Institute senior director Kenneth Green said, noting the survey shows “red tape at some city halls is deterring development and exacerbating the problem."

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Toronto Newsletters
Related Stories

Why Adgar Canada Believes People Make The Difference In A Successful Office Property

Data Center Demand Has Made IOS An Institutional Capital Playground

Healey's New Data Center Rules Make Massachusetts A Tough Sell For Developers

Report Finds Hybrid Work Creates New Opportunities For Women In Real Estate

CBRE IM Buys Net Lease REIT For $1.6B, Plans More Investment

Independence Realty Trust To Buy Centerspace, Creating $8.1B REIT

Blackstone Global Head Of Real Estate To Depart Firm

How Prologis Conquered The World

The Number Of Large-Scale Data Centers In U.S. Projected To Triple By 2030

Lawsuit Over Pandemic-Era Eviction Ban Expands To 2,600 Landlords As Feds Eye Settlement

Lululemon Cuts U.S. Expansion Plans, New CEO Takes Helm At Athleisure Staple

What It Takes To Turn A Century-Old Chicago Office Building Into Modern Rentals