Ontario housing starts tumble, developers warn situation will ‘get worse before it gets better’

Ontario housing starts tumble, developers warn situation will ‘get worse before it gets better’

Two years and multiple housing laws since the Ford government promised to build 1.5 million new homes in a decade to solve Ontario’s housing crisis, key indicators suggest home construction is grinding to a trickle. The number of housing starts in the first half of 2024 has lagged behind the previous year, while June saw … Read more

Ontario seals $357M housing deal with feds. Here’s what it could mean

Ontario seals 7M housing deal with feds. Here’s what it could mean

Descrease article font size Increase article font size The federal government and the government of Ontario have reached a $357-million deal under the National Housing Strategy. The two levels of government had publicly disagreed over what kind of housing needs to be built, with Ontario Premier Doug Ford ruling out a province-wide fourplex policy. “We … Read more

The Ford and Trudeau governments are fighting about housing. What’s at stake?

The Ford and Trudeau governments are fighting about housing. What’s at stake?

As politicians duke it out over the terms of federal housing money in Ontario, behind the scenes some are hoping a deal can be made. Tensions between the Trudeau and Ford governments on the housing file have been high in recent weeks, with arguments over affordable housing, fourplexes and municipal oversight. Most recently, Ottawa dangled … Read more

An Ontario city smashed its new housing targets by 250%. But are prices going down?

An Ontario city smashed its new housing targets by 250%. But are prices going down?

This article is the fourth in Global News’ Spring Housing Buzz series, where we will investigate a number of different areas related to the spring real estate market in Ontario. You can read Part 1 here, Part 2 here and Part 3 here. On paper, Kingston, Ont., is doing everything the provincial government has asked … Read more