Good for the Developer. Bureaucratic  nonsense like this should be met with exactly this response.  The developer will simply sell the units and take the money out of Ontario to invest elsewhere. Money is fluid like water. It will flow around the obstacles you put in front of it. So stupidity is measured by how many obstacles you put in front of it.  Socialists and their governments do not understand this. Their response is militancy, to force it to flow in a direction they desire. The result is it simply drys up and disappears. So in desperation they change laws, and eventually become violent, seizing the money. It never works long term and it permanently damages. Ask Maduro in Venezuela how it is working there.