BEYOND LOCAL: Ontario, federal government reach $357M housing agreement

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BEYOND LOCAL: Ontario, federal government reach $357M housing agreement
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Ontario has submitted an ‘action plan’ with new measures to reflect how the province’s funding is delivered and how it will meet housing targets

The federal government and Ontario have reached a housing agreement that will provide the province with $357-million in federal funding this year, ending a months-long disagreement that saw Ottawa threaten to bypass Queen’s Park and send money directly to municipalities.

But Ontario had argued that the federal government refused to acknowledge the number of units it has built and the tens of thousands it has refurbished, adding that the province has the oldest social-housing stock in the country. Mr. Fraser told reporters in Ottawa that Ontario’s initial plan didn’t meet the necessary targets to unlock the funding but that the new agreement “puts them on par with most other provinces as to where they’re at right now.”

“I’m glad they fully understand what Ontario has accomplished in terms of getting affordable housing built,” he said, adding that there has been “extraordinary progress” on renovated units as well. In its joint statement, the Ontario and federal governments said the province has submitted a new “action plan” that provides more data and insights about which housing projects receive provincial funding. The province also included new measures to reflect how Ontario’s funding is delivered, since it is the only jurisdiction that distributes funds through municipal service managers.

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