Richard J. Brennan, Toronto Storeys:
Ontario Housing Minister Steve Clark is wading into the troubled waters of affordable housing. With rental availability at an all-time low and affordable housing a contradiction of terms. The new municipal affairs and housing minister is trying to find a formula that will address both problems.
“We’ve got a 17-year vacancy rate low, we have a crisis situation where people looking for housing opportunities … is at a peak,” Clark told Toronto Storeys in an exclusive interview. “We’ve got to develop more housing as fast as possible,” he said.