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

B.C. to bring in new rules on short-term rentals to create more housing

Premier David Eby says the number of short-term rentals has ballooned in recent years and the government is taking action to reduce “profit-driven mini-hotel operators” by bringing in new enforcement tools. Housing Minister Ravi Kahlon introduced the bill in the legislature today, saying there has been "an explosion" of short-term rental units and this legislation will target areas with high housing needs.

B.C. to bring in new rules on short-term rentals to create more housing

Man charged with murdering B.C. woman who went missing in 2022

Police say that after an almost yearlong investigation, homicide investigators have determined that 57-year-old Jodine Millar was murdered. Millar was reported missing on Nov. 28, the same day police found her empty car after a crash on Highway 1.

Man charged with murdering B.C. woman who went missing in 2022

Suspicious fire guts B.C. elementary school, plans underway for students and teachers

Coquitlam School District 43 says in a statement to families on its website that plans are in the works to support continued learning for the school community at Hazel Trembath Elementary School in Port Coquitlam. Coquitlam RCMP say they are investigating a suspicious fire at the school, which was fully engulfed when first responders arrived at the scene early Saturday.

Suspicious fire guts B.C. elementary school, plans underway for students and teachers

New Westminster's Balvir Singh charged with stabbing

The Integrated Homicide Investigation Team says 57-year-old Balvir Singh of New Westminster was charged Saturday with second-degree murder. I-H-I-T is identifying the victim as 46-year old Kulwant Kaur of New Westminster.

New Westminster's Balvir Singh charged with stabbing

Surrey to ask court to review provincial order to stay with municipal police

The city issued a statement on Friday saying it was asking for a judicial review by the Supreme Court of British Columbia, challenging the province's "lawful authority" to impose its choice of police force without providing the funding to support such a move.

Surrey to ask court to review provincial order to stay with municipal police

No charges for Prince George cop

Prosecutors in British Columbia say they won't be charging an RCMP officer in connection with the death of an Indigenous man in Prince George in 2020. A statement from the prosecution service says that although the province's independent watchdog said there were reasonable grounds to believe the officer may have committed an offence, the evidence available isn't enough for charges.