In last year's budget, projections for housing starts had Ontario building fewer than 80,000 new homes in 2024, but that number is now expected to be nearly 88,000.
By the Progressive Conservative government's own count, it actually met 99 per cent of last year's target of building 110,000 homes. However, that is only because they started counting long-term care beds as homes. Nearly 10,000 of those were created last year. "That too shall pass, and what we won't waver on is our commitment to find more ways to get more houses ," he said.
Premier Doug Ford has railed about buildings of four, six or eight storeys sprouting up in neighbourhoods, though the four-unit fourplexes are not necessarily four storeys. Ontario is also spending $155 million to increase a construction funding subsidy for building long-term care homes, which the government said will fast-track the process.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Camera Module Market Size & Share to Surpass USD 86.63 billion by 2031Rapid technological infrastructure growth has been one of the main reasons for developing the global camera module market. The overall demand for top-notch cameras has increased among consumers and businesses. Furthermore, this technological and technical infrastructure enhancement allows electronics companies to manufacture and sell high-quality products more rapidly, signifying the hyperactivity within the market.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Motorcycle driver dead after collision in Rideau Lakes Township: OPPOntario Provincial Police say a motorcycle driver has died after a crash in eastern Ontario.
Source: ctvottawa - 🏆 29. / 67 Read more »
Ontario city has tons of open jobs while people in Toronto are scrambling for workThe job market in and around Toronto may be absolutely brutal right now, but a different Ontario city is advertising thousands of open positions av...
Source: blogTO - 🏆 44. / 63 Read more »
Toronto researchers help uncover Ontario First Nations' donations to Irish Famine relief fundDr. Mark McGowan is a professor of history and Celtic studies at the University of Toronto. He says the donations from Indigenous communities to the Irish migrants who were fleeing the 1847 famine, have gone virtually unnoticed in Canadian history.
Source: CBCToronto - 🏆 51. / 61 Read more »
Ontario government facing class action suit for abruptly cancelling basic income programThe Ontario Courthouse at 361 University Avenue in Toronto is photographed on Monday, May 2, 2022.
Source: CBCToronto - 🏆 51. / 61 Read more »
Roy McMurtry, former Ontario attorney general and legal giant, diesTORONTO — Roy McMurtry, a legal and political giant in Ontario, has died at 91.
Source: SooToday - 🏆 8. / 85 Read more »