Five of the GTA's largest homebuilders endorse Tories
OTTAWA — Five of the Toronto area's largest homebuilders are throwing their support behind the Conservatives.
In a joint statement issued Sunday, ARISTA, DECO, Fieldgate, OPUS Homes and Paradise Developments said they're backing Pierre Poilievre's Tories in Monday's election, saying his homebuilding plan makes the most sense.
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'As homebuilders, we see the impact of burdensome regulations, rising costs, and housing shortages are having on Canadian families who are locked out of the housing market,' said ARISTA Homes CEO Michael De Gasperis on behalf of the group.
'We believe Pierre Poilievre is the only national leader proposing real, practical solutions that align with what the housing industry needs: Reducing red tape, faster approvals, and investment in the trades that build our communities.'
Homes and affordability was a key plank in the platforms of both major parties in this election, with the Tories promising to build 2.3 million homes through policies which include cutting GST on new homes under $1.3 million, offering incentives to municipalities to accelerate housing projects, cutting development charges, and requiring cities to permit high-density housing.
bpassifiume@postmedia.com X: @bryanpassifiume
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