The Ontario government will not compensate multi-residential property developers who own land being returned to the Greenbelt.

Paul Calandra, the province’s new housing minister, told the Canadian Press on Wednesday that he has drafted legislation that will “codify” the Greenbelt, a protected surrounding the Greater Toronto. That means developers will not be compensated under the forthcoming law.

Ontario Premier Doug Ford backtracked last week and unexpectedly stopped all Greenbelt development. The government removed 3,000 acres of land from the Greenbelt in 2022, insisting that the land was urgently needed to boost housing supply.

Ford’s reversal came after Kaleed Rasheed resigned as minister of public and service delivery resigned in relation to Integrity Commissioner David Wake’s investigation into the Greenbelt land removal. Rasheed became the second cabinet minister to resign over the Greenbelt land removal. Former housing minister Steve Clark resigned and was replaced by Calandra.

Wake found that Clark breached ethics rules and failed to oversee the land-removal process.