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By Shannon Broome-Bennett
Posted Monday, Apr 13, 2026 10:03 am

Federal and Ontario governments launch $8.8B housing and infrastructure partnership to boost supply and affordability

The federal and Ontario governments have announced a major joint initiative to address housing supply and affordability challenges across the province.

Unveiled on March 30th by Prime Minister Mark Carney and Ontario Premier Doug Ford, the Canada–Ontario Partnership to Build is a 10-year, $8.8 billion agreement designed to reduce development costs, accelerate housing construction, and invest in critical infrastructure.

“Our new partnership with Ontario is about building more affordable homes, more transit, and more careers in the skilled trades. We’re tackling the housing crisis from every angle – so we can build up housing supply and bring down costs for Canadians. We’re building Ontario strong and Canada strong,” said Prime Minister Carney in a statement.

In total, the partnership could reduce taxes and fees on a new home in Ontario by up to $200,000, making homeownership more accessible for Canadians ... [READ MORE]

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