Ford government still 100K housing starts short of 2025 goal
AI Article Summary
The Progressive Conservative government in Ontario has set a target to build 1.5 million new homes by 2031. However, they are currently 100,000 housing starts short of their 2025 goal. Achieving these targets is part of the election promises made in 2022 to address housing shortages. The government is under pressure to meet its annual construction milestones to ensure the overall target is met.
What This Means for Canadian Contractors
This project shows how critical it is for Canadian builders to align their strategies with evolving government goals. For contractors, this means potential opportunities in residential building projects as the demand for housing grows. However, builders must also be prepared for the complexities of obtaining permits and securing funding within tight timelines to meet these ambitious targets.
