National

Federal government to give $471 million to Toronto in housing deal

Darpan News Desk The Canadian Press, 21 Dec, 2023 11:42 AM

The federal government says it will give Toronto nearly half a billion dollars in housing funding.

Prime Minister Justin Trudeau made the announcement in Toronto this morning, saying the city will receive $471 million from the federal Housing Accelerator Fund.

Live from Toronto: We’re announcing an agreement to build more homes, faster for Torontonians. Tune in here for the details: https://t.co/WC4qeoYmdQ
— Justin Trudeau (@JustinTrudeau) December 21, 2023

The $4-billion fund is a federal initiative to encourage municipalities to make changes to bylaws and regulations that would spur more housing construction, in exchange for more money.

Some of the changes Ottawa has pushed for include denser zoning and faster issuance of permits.

Housing Minister Sean Fraser, Toronto Mayor Olivia Chow and others were alongside Trudeau for the funding announcement.

Including the announcement today, Ottawa has reached deals with 16 municipalities across the country.

Prev Next

MORE National ARTICLES

Arrest in Seawall assaults

Police in Vancouver says a man has been arrested for assaulting people on the city's seawall this weekend. The department says on social media that officers responded to reports of the attacks Saturday.

Arrest in Seawall assaults

Prior Omicron infection didn't protect some seniors from reinfection, study finds

A new study has found that previous infection with an Omicron variant of COVID-19 did not protect seniors in long-term care and retirement homes from getting reinfected within a few months. Senior author and McMaster University immunologist Dawn Bowdish says the study results are surprising because they challenge the current thinking about hybrid immunity.

Prior Omicron infection didn't protect some seniors from reinfection, study finds

Smoke aids B.C. fire fight, as BC Wildfire Service warns about Hurricane Hilary

The BC Wildfire Service says weather across British Columbia will be impacted by a hurricane in Southern California, challenging firefighters already battling hundreds of fires that forced 30,000 people from their homes and caused a provincial state of emergency.

Smoke aids B.C. fire fight, as BC Wildfire Service warns about Hurricane Hilary

Air quality advisory issued for Metro Vancouver

An air quality advisory for Metro Vancouver remains in place due to wildfire smoke. The Metro Vancouver Regional District says people should postpone or reduce outdoor physical activity particularly if they have underlying conditions related to breathing.

Air quality advisory issued for Metro Vancouver

Man dies in Hope shooting

The province's homicide investigation team has been called in after a man was fatally shot in Hope. R-C-M-P say they were called just before 3 a.m. on Sunday and found a 28-year-old man who had been shot and killed.

Man dies in Hope shooting

Ottawa 'shouldn't walk around with a stick' to enforce health deals: Holland

Newly appointed Health Minister Mark Holland says he doesn't want to go waving a stick around as he negotiates the final details of a health accord with provinces and territories, and it'll largely be up to Canadians to hold them accountable. All provinces except Quebec accepted the $198-billion deal in principle earlier this year and are expected to sign final agreements before the end of 2023.