Government of Canada and City of Toronto to build thousands of new rental homes
The Canadian government and the City of Toronto are partnering to build over 5,600 new rental homes across Toronto, with an investment of over $2.7 billion over the next three years. The projects will include affordable, supportive, and rent-controlled housing, with shovels in the ground on over 4,500 homes by the end of this year. The partnership aims to address the city's housing needs and create jobs, with an expected 2,100 jobs supported per year during the construction period.
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