Ontario increasing funding for housing-enabling infrastructure

Ontario is increasing its funding towards housing-enabling infrastructure by an additional $1.6 billion, aiming to support municipalities in building more houses. The province's Municipal Housing Infrastructure Program, with a current total of $3.9 billion, focuses on constructing roads, bridges, and water systems crucial for housing development. Ontario Premier Doug Ford has set a goal of building 1.5 million homes by 2031, but current construction rates fall short of the target. While Canada's housing starts increased overall, there was a 28% decline in Ontario compared to previous years.