Ottawa, Ontario Announce $357M in Federal Funds for Affordable Housing

Published on May 28, 2024

Ottawa and Queen’s Park have forged a $357 million deal under the National Housing Strategy to build affordable housing in Ontario. The news comes several months after Ontario Premier Doug Ford rejected the province-wide fourplex policy proposed by the federal Liberals, causing a public disagreement between the two levels of government. Federal Housing Minister Sean Fraser and provincial Municipal Affairs and Housing Minister Paul Calandra announced May 27 that the ensuing negotiations were successful and a deal has been reached. “Solving the housing crisis requires a Team Canada approach,” Mr. Fraser and Mr. Calandra said in a joint statement. “We will continue to work together, along with our municipal partners, to make sure the people of Ontario have the homes they need.”...

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