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Toronto Gets $2.7B for 5,600 New Homes | Toronto News
Published 2 weeks, 3 days ago
Description
Toronto’s getting a major housing boost: $2.7 billion from the federal government to build over 5,600 new rental units in 18 projects across the city—1,800 of them affordable or rent-controlled—with construction starting on 4,500 homes by year’s end. This bold move, announced as PM Trudeau meets with Toronto’s mayor, is part of a nationwide effort to tackle housing shortages and make urban living more accessible.
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