Overview
- Premier Doug Ford announced a $1.6‑billion injection to help build the roads, pipes and services needed to accelerate home construction.
- Ontario recorded 94,753 housing starts in 2024 versus roughly 125,000 needed to stay on track for the 1.5‑million‑by‑2031 goal.
- CMHC reported July housing starts rose 4% nationally year over year, while Ontario’s fell 28%, and the province’s fiscal watchdog flagged first‑quarter activity at its weakest since 2009.
- Ottawa missed its 2024 target by a wide margin, building 7,871 homes against a goal of 12,583 and losing millions in provincial funding tied to performance.
- Builders cite rising development charges as a major barrier, with Ottawa’s fees up as much as 28% in some areas and a ByWard Market infill facing about $700,000 in charges that the proponent says makes the project untenable.