📢 Bill 60 – A Turning Point for Ontario’s Rental and Housing Market

Date Passed: November 24, 2025
Legislation: Fighting Delays, Building Faster Act, 2025 (Bill 60)

On November 24, 2025, the Ontario government officially passed Bill 60, also known as the Fighting Delays, Building Faster Act, 2025. This legislation represents a significant step toward tackling the housing affordability crisis and improving the rental housing system across Ontario. As home prices and rents continue to push families, first-time buyers, and even renters out of communities they’ve lived in for decades, the province is under mounting pressure to address both housing supply and systemic inefficiencies. Bill 60 offers a set of practical reforms aimed at increasing housing construction and resolving long-standing issues in Ontario’s rental tribunal process.

One of the most impactful changes under Bill 60 is the reform of the Landlord and Tenant Board (LTB). In recent years, landlords have faced frustrating delays in resolving disputes, particularly regarding non-payment of rent and eviction applications. These delays have led to rising numbers of “professional tenants” exploiting loopholes and eroding trust in the rental system. Bill 60 directly addresses this by accelerating hearing timelines, streamlining the adjudication process, and improving procedures for dealing with rent arrears. These changes aim to reduce case backlogs and provide both landlords and tenants with a more efficient, balanced dispute resolution system.

The legislation also takes critical action to reduce barriers to new housing development—particularly the high, unpredictable development charges (DCs) that have contributed to rising construction costs and project delays. Bill 60 introduces reforms to standardize how municipalities calculate DCs, increase transparency in how DC reserve funds are reported and spent, and clarify the treatment of local infrastructure costs. These updates are designed to reduce uncertainty and delays in the approval process, improve consistency across municipalities, and ultimately lower the cost of delivering new housing—especially affordable homes.

The Toronto Regional Real Estate Board (TRREB) has publicly welcomed Bill 60, highlighting its long-standing advocacy for LTB reform and lower development-related costs. TRREB emphasizes that while this legislation is a strong step forward, further action is needed. In particular, the Board is calling for an expanded HST rebate to apply to all new housing, not just homes under a certain price threshold, and is encouraging the federal government to match any provincial expansion in this area. TRREB also recognized the leadership of Minister Rob Flack and Attorney General Doug Downey in moving the legislation forward.

From a professional real estate perspective, Bill 60 creates a more favorable landscape for rental property owners, developers, and investors. Faster dispute resolution and lower development uncertainty reduce legal and financial risks, while greater supply responsiveness can help stabilize long-term market dynamics. For landlords, this is an opportunity to revisit rent enforcement protocols and eviction timelines under the new LTB procedures. For developers, changes to DC calculations and municipal processes mean project feasibility may improve, especially for infill and multi-unit builds.

At Team Yoon Real Estate Services, we see Bill 60 as an opportunity for our investor and builder clients to reassess strategy with the benefit of greater procedural clarity and reduced red tape. Whether you’re planning to acquire income properties, launch a new build, or support clients navigating the new system, staying informed will be critical to success. For tailored guidance on how Bill 60 may impact your property decisions in Toronto and York Region, reach out to our team today.