Tag: London Development Institute
U.S. tariff threat creating ‘uncertainty, concern’ for London home builders
Potential tariffs by the United States on Canadian products could slow the pace of new home construction in London in 2025, with local industry watchers expressing concern over increases in the cost of materials and build times and an overall drop in demand. U.S. President Donald Trump’s threat of blanket 25 per cent tariffs […]
Cha-ching? London housing starts near target to unlock big funding bonus
London is looking like it will meet its provincially set annual housing target for 2024, meaning city hall will have access to some significant cash. LFP’s Jack Moulton breaks down where London sits and why it has stepped out ahead of other cities. HOW IS LONDON DOING ON ITS TARGET? Ontario has committed to building […]
Building lag may cost city hall millions in Queen’s Park housing cash
London is on the verge of losing millions of dollars in provincial funding for missing its housing starts target for 2024, a goal the city could easily hit if builders followed through on all projects approved by council. As of Oct. 31, city hall had issued building permits for 3,282 units in 2024 alone, an […]
Arguments for, against expanding London’s urban growth boundary
As London’s population swells beyond expectation, and the city looks down the barrel of the national housing crisis, there are new questions about available land and its affordability. LFP reporter Jack Moulton takes a look at the city’s urban growth boundary, and why it should or shouldn’t be expanded. WHAT IS THE URBAN GROWTH BOUNDARY? […]
Why does fast-growing London rank 47th in Canada in housing starts?
A new report highlights just how inadequate Londonâs pace of home construction has been over the last six years, ranking the city â one of the nation’s fastest-growing â 47th in Canada.