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Government Relations Updates

October 2025

October is here, and there are plenty of updates this month, including:  Cornerstone’s Provincial/Federal Advocacy Committee and Local Advocacy Committee held their inaugural kickoff meeting, launch of Build Canada Homes, Burlington to consider temporary development charge reduction, upcoming events, including Hamilton’s Mayor’s Breakfast, Cambridge LRT Breakfast Series, Kitchener’s State of the City, and more!

Cornerstone News

Joint Advocacy Meeting 

Cornerstone hosted its first Joint Advocacy Meeting on Monday, September 29, where members of the Local Advocacy Committee and the Provincial/Federal Advocacy Committee discussed their priorities and developed their skills in advocacy and policy. 

Federal News

CREA PAC Days 

Cornerstone will be heading to Ottawa as part of CREA’s Political Affairs Conference (PAC) from October 25-28. As part of the event, Cornerstone’s Provincial/Federal Advocacy Committee will be in attendance and meeting with Members of Parliament at Parliament Hill.


Build Canada Homes 

The Government of Canada launched Build Canada Homes in September, their new initiative to build more affordable housing and modular housing in Canada. The initial investment is $13 billion.


Budget 2025  

The federal budget will be released on November 4. We hope to see many of the suggestions brought forward by CREA included. Their key recommendations included:  

  1. Keep Pathways to Homeownership Open,  
  1. Strengthen Canada’s Prefabricated Housing Industry,  
  1. Encourage Medium Density Development through Building Code and Zoning Reform, and; 
  1. Develop a Housing Strategy for Seniors.

Bank of Canada Rate Cut 

On September 17, the Bank of Canada announced a policy rate cut of 0.25 per cent to 2.5 per cent. The next rate announcement is on October 29. 

Provincial News

Bill 2: Labour Mobility

Recently passed Bill 2, which allows workers to work more easily in different provinces, does apply to REALTORS®, but the exact details of how they will apply are not yet clear. We will continue monitoring how the new legislation will affect registration.  


Liberal and NDP Leadership News 

Bonnie Crombie has stepped down as Ontario Liberal Leader after receiving less than 60 per cent of the support of her party in her leadership review. Marit Stiles will continue as leader of the Ontario New Democratic Party after her leadership review.  

Municipal News

Halton Region

Burlington

Horizon 2050 Engagement Survey 

The City of Burlington is seeking input from residents for its Horizon 2050 initiative, aimed at planning the future of the city. This engagement survey allows community members to share their views on key areas such as sustainable growth, infrastructure, and community services.  Participate in the survey to have your say in the Burlington's long-term planning.


Report on Temporary Development Charge Reduction 

A new report proposing a temporary 20 per cent reduction in development charges for two years will be presented to the Pipeline to Permit Committee on October 9 and subsequently to City Council on October 14


WEHBA Housing Summit 

The West End Home Builders' Association (WEHBA) is hosting its annual Housing Summit on November 3, 2025. This event will gather industry leaders, policymakers, and experts to discuss key issues, trends, and innovative solutions in the housing sector. 


Hamilton

Mid Rise Residential Zoning

The City of Hamilton has created a New Mid-Rise Residential Zone to attempt to address the missing middle to allow further intensification in certain parts of the city. Further areas will be evaluated through the second phase of the project.


By-election in Ward 8 

Congratulations to Councillor-Elect Rob Cooper on being elected to Hamilton City Council for Ward 8 in the September by-election. 


Mayor’s Breakfast

Cornerstone is pleased to sponsor the upcoming Mayor’s Breakfast hosted by the Hamilton Chamber of Commerce on October 9 at LiUNA Station. Tickets are sold out. 


Pre-Budget Consultations

The City of Hamilton is hosting budget consultations. You can fill out the survey here until October 10.


Rental Licensing Pilot Program 

The City of Hamilton is hosting budget consultations. You can fill out the survey here until October 10.


Peel Region

Affordable, Community and Supportive Housing 

Peel Regional Council will be discussing approving nine new affordable housing projects on October 9


Mississauga

MBOT Events

Cornerstone representatives attended a conversation with the Hon. Caroline Mulroney and the Chamber Connect social with the Canadian Chamber of Commerce, where they had the opportunity to meet with several elected officials and hear updates from the Provincial government. 


Waterloo Region

Cambridge

Cambridge Chamber on Light Rail Transit 

Cornerstone is pleased to sponsor the upcoming Cambridge Chamber of Commerce Breakfast Series event featuring a discussion on the LRT on October 15.


Kitchener 

State of the City

Mark your calendars for Mayor Berry Vrbanovic’s State of the City event on October 21 at Centre in the Square at 4:30 PM.




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