Ottawa, Ontario – The Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development, and the Honourable Chris Ballard, Ontario’s Minister of Housing, today announced measures to give Canadians greater access to more affordable housing, including the doubling of current funding under the Investment in Affordable Housing initiative, supporting affordable housing for seniors, building and renovating shelters and transition houses for victims of family violence, and addressing repairs and improving energy and water efficiency of existing social housing.
Federal Budget 2016 investments in affordable housing will provide targeted support to those who need it most, including in Ontario, and create good jobs that help grow Canada’s economy in a clean and sustainable way. The federal and provincial/territorial governments will work together to quickly deliver the new funding. Over the next two years, more than $640 million in new funding will be jointly invested in Ontario by the federal and provincial governments in various initiatives to support the housing needs of Ontarians.
Ontario is matching the Federal Government’s commitment to double the current funding under the Investment in Affordable Housing initiative. An additional $168 million in provincial funding will be available to build, renovate, and provide critical affordable housing across the province.
