How does development benefit residents of the GTA?
We all strive to help make the GTA a world-class region, one where people around the globe aspire to live, work and play. We want the GTA to thrive. A city flourishes when it is made up of communities that are desirable, functional and sustainable for all, whether you live here already or you’re someone considering it as a future home. It is the top priority of our industry to do our part and provide
Here are some benefits of development in the GTA:
Homes. We need more homes. And, as an industry, we’re providing a diversity of options to meet the needs of existing and new residents, whether
Infrastructure. New development contributes to infrastructure. Every new home built contributes financially to providing new infrastructure – roads, water
Jobs, well-paying jobs. Our industry provides 120,000 jobs with a payroll of more than $7 billion for new homes and 150,000 jobs for renovators and custom home builders with payroll of $9 billion annually. Income tax revenue from these jobs in turn provides income to the provincial and federal governments to support programs and services in the region.