Ontario quietly signs new affordable housing deal with feds
Ontario quietly signs new affordable housing deal with feds
Shortly after Doug Ford's new cabinet was sworn in and Mark Carney became prime minister, Ottawa and Queen's Park signed off on a deal to work together on new housing.
“The targets and outcomes for funding available under the agreement were mutually agreed upon in March 2025 through a three-year Action Plan for 2025/26 to 2027/28. This ensures the continued availability of federal funding for Ontario.”
Flack’s office indicated he wanted to reset the relationship with his federal counterpart after a tense year. The latest agreement will prioritize rent-assisted units, according to the Ontario government.
I didn't see an explanation of the action plan in the article. Progress on rent-assisted units is great.
When the PM and the new housing minister says prices can't fall because it is peoples retirement vehicle then we all know this will be an ineffective waste of tax dollars.