Ontario Investing $1B to Help Municipalities Build More Homes

eAwazLocal News

TORONTO — The Ontario government is investing up to $1 billion in loans to provide municipalities with more financing options for water infrastructure projects that enable the construction of more homes. The new Housing-Enabling Water Infrastructure (HEWI) lending stream, under Infrastructure Ontario’s (IO) Loan Program, will support the construction, expansion and rehabilitation of drinking water, wastewater and stormwater infrastructure projects that enable …

Toronto invites students to shape new Academic Housing Strategy

eAwazLocal News

Toronto – The City of Toronto is inviting post-secondary students, faculty and staff to share their thoughts about their housing challenges, ideas and expectations for the future. The outreach is part of the Academic Housing Strategy, a priority under the City’s HousingTO 2020-2030 Action Plan and the Housing Action Plan (2022-2026) to address housing challenges and ensure equitable access to …

Govt announces 2-year extension to ban on foreign ownership of housing

eAwazLocal News

Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced the federal government’s intent to extend by an additional two years the existing ban on foreign ownership of Canadian housing. For years, foreign money has been coming into Canada to buy up residential real estate, increasing housing affordability concerns in cities across the country, and particularly in major …

Trudeau congratulates Canadians on New Year for standing strong

eAwazLocal News

Ottawa – Prime Minister, Justin Trudeau, today issued the following statement to mark the New Year: “Tonight, Canadians across the country and around the world will come together to reflect on the past year and look to the year ahead. “This year, Canadians stood strong through some difficult times. Despite geopolitical instability, global inflation, and Canada’s worst wildfire season on …