Overview
- Premier Doug Ford and Infrastructure Minister Kinga Surma announced the top-up at the Association of Municipalities of Ontario conference in Ottawa.
- The new commitment brings the Municipal Housing Infrastructure Program to nearly $4 billion across four application streams, including roads and bridges and water and wastewater systems.
- Housing Minister Rob Flack said he will extend and improve the Building Faster Fund after consulting mayors, with details to follow.
- Ontario started construction on 94,753 units in 2024, falling short of the 125,000 interim target tied to the 1.5 million homes by 2031 goal.
- CMHC reported the national pace of housing starts rose 4% year over year in July, while Ontario recorded a 28% decline.