Ontario Reducing Red Tape and Putting Vacant Properties to UsePublished on December 04, 2018
Saving Taxpayer Dollars, Identifying Opportunities for Affordable Housing and Long-Term Care Spaces
Vaughan-Woodbridge - Ontario’s Government for the People announced a more efficient process for selling surplus government properties. The improved plan will reduce red tape, create more affordable housing and long-term care spaces and put more money in people’s pockets.
“Ontario currently has hundreds of vacant surplus properties across the province, costing the government millions of tax dollars a year to maintain,” said Michael Tibollo Member of Provincial Parliament for Vaughan-Woodbridge. “Our plan is about working harder, smarter and more efficiently so we can reduce costs, generate much needed revenue and make life better for the People of Ontario.”
The new streamlined process will remove an estimated 150 days of administrative time to dispose of properties, generating an estimated $105 to $135 million in revenue over four years while also saving the government an estimated $9.6 million annually in liabilities and ongoing maintenance costs.
Today’s announcement also included support for some of the province’s most vulnerable as the new process will identify which properties could be used for affordable housing and long-term care projects. Additional government departments and levels of government can also benefit from reduced red tape so that identified properties can be efficiently put back to productive use in communities across Ontario.
“Our government is committed to creating more affordable housing and long-term care spaces and through this new process we will identify suitable properties to help us in achieving this commitment,” said Tibollo. “By putting properties back into productive use, our plan will also help local communities across the province see benefits in economic development and jobs.”