Here's a snapshot of some of the most important issues
for the residential construction industry.
While the challenges never cease for our industry, RESCON members and staff ready for what's ahead of us in 2020.

Chief among those challenges is the region's housing supply: I've said this over and over and will continue to bang on this drum - we're under-building by about 20,000 units a year and this deficit is adding up. We will continue to target this issue next year and until the time arrives when we can reach market equilibrium.

Having said that, there are also some great things happening for RESCON's community. I humbly implore you to view two presentations I gave in the latter stages of this year.

First, during the Great Housing & Real Estate Conference 2019 held at the National Club in Toronto, I presented on the development approvals process. I was proud to push out the message that the GTA's housing supply can be fixed - just look at Tokyo. See a two-minute version of that presentation here.

The second presentation was more personal. Even knowing that I was going to accept the 2019 Canadian lifetime volunteer award from the International Foundation of Employee Benefit Plans could not prepare me for the moment I held that statue or began to address the audience in San Francisco filled with many longtime colleagues and friends from across North America. Click here for that video.

My thanks to all of you who have played a role in my professional journey. While I might not be the shy, quiet type, I was truly humbled by that moment. I share this honour with you today because there is no way this accolade would be received without the support and many friendships I have made within all sides of the construction industry as well as the RESCON community.

I hope you enjoy a well-deserved holiday break with your families and friends, and we look forward to helping achieve more great things for our industry in 2020.

Happy holidays, merry Christmas, happy Hannukkah - and the best to you in the New Year!


Richard Lyall, President
RESCON

MORE HOMES, MORE CHOICE 

RESCON: Bill 108 'a brave move' but small step


Lyall praises the Ontario government's legislation but says there is a lot of work to do to achieve market equilibrium, reports the Mortgage Broker News.

Read the story here.

ROAD PRICING

Road tolls on the DVP may be inevitable  


With plummeting fuel-tax revenues in Ontario, it's time to fill the funding gap through a network of road tolls on major arteries across the GTHA, write RCCAO's Andy Manahan and Trent University's Harry Kitchen in the Toronto Star.

Read the Toronto Star opinion piece here.
Read Kitchen's latest report for RCCAO here.

TORONTO SUN   
BOLT sets the gold standard


In terms of organizations creating opportunities for youth in construction, BOLT is the gold star that should be placed at the top of the tree, writes Lyall in the Toronto Sun.

Read the column here.

GOVERNMENT SUBMISSION 
RESCON provides consultation on OBC


The association provides comments on the government's consultation document that will inform changes to Ontario's Building Code services.

Read the submission here.

EMERGING TREND

RESCON's de Lint talks timber 

Ontario would be wise to look at B.C., Quebec and jurisdictions around the world for inspiration to use mass timber up to 12 storeys, writes Michael de Lint.

Read the Evergreen.ca article here.

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25 North Rivermede Road - Unit 13
Vaughan, Ontario L4K 5V4