Ron Butler, a mortgage industry professional, commented on recent tax changes affecting Ontario’s new home construction sector in a series of posts on March 25, 2026. Butler expressed skepticism that the temporary elimination of a tax would address the primary challenges facing the industry.
In his first post, Butler stated, “I am happy to see the tax eliminated albeit only temporarily (it comes back eventually) I’m happy to see any Tax removed or reduced But it will NOT change the New Home Construction Industry’s big problem: their houses cost MORE than Resale homes in Ontario today” (March 25, 2026).
Butler further addressed the geographic and pricing issues impacting new developments: “Today in Ontario most New Construction Subdivisions are far away from Toronto Do you want to live in Elmira or Lindsay? They are incredibly close together on MUCH smaller lots & often services & amenities are distant But the Killer is price comparison to Resale” (March 25, 2026).
He concluded by emphasizing persistent structural costs despite tax relief: “Today even with removing the HST New Construction is still too expensive: Massive Development Fees 3 Year Planning Approvals Crazy high Raw Land prices Therefore don’t expect the removal of the HST to restart the Residential Construction Industry It’s STILL too expensive” (March 25, 2026).
The comments reflect ongoing concerns within Ontario’s housing market about affordability and supply. The cost gap between new and resale homes has been a significant factor for prospective buyers. Additionally, development fees and lengthy approval processes continue to impact project timelines and budgets for builders across Ontario.
