GTA Faces Major Opportunity for 235K New Rentals

GTA faces a massive rental housing crunch: 235,000-unit deficit coming in 10 years.
Rental completions will free-fall to 13,076 units by 2028, a 20-year low.
GTA now depends on purpose-built rentals delivering 16,000–19,000 units yearly—but approvals drag.
Without urgent action, GTA risks layoffs, stalled projects, and a deepening rental housing crisis.
Mississauga leads with big policy moves: 50% lower fees, faster timelines, stronger feasibility.