Skip to Main content

2.89°^C Vancouver

News Entertainment Videos Shows Podcast Contact Us

Dec 21, 2023 7:36 PM - The Canadian Press

Federal government to give $471 million to Toronto in housing deal

Share On

federal-government-to-give-471-million-to-toronto-in-housing-deal

Prime Minister Justin Trudeau made the announcement in Toronto this morning, saying the city will receive $471 million from the federal Housing Accelerator Fund .(Photo :The Canadian Press)

The federal government says it will give Toronto nearly half a billion dollars in housing funding. Prime Minister Justin Trudeau made the announcement in Toronto this morning, saying the city will receive $471 million from the federal Housing Accelerator Fund.

The $4-billion fund is a federal initiative to encourage municipalities to make changes to bylaws and regulations that would spur more housing construction, in exchange for more money.

Some of the changes Ottawa has pushed for include denser zoning and faster issuance of permits. Housing Minister Sean Fraser, Toronto Mayor Olivia Chow and others were alongside Trudeau for the funding announcement. Including the announcement today, Ottawa has reached deals with 16 municipalities across the country.

Latest news

b-c-and-federal-government-announce-funding-to-support-victims-of-extortion-cases

B.C. and Federal Government Announce Funding to Support Victims of Extortion Cases

B.C. Premier David Eby and the federal government have committed 500,000 dollars each to support people affected by a rising number of extortion cases in the province. The announcement followed a roundtable meeting in Surrey on Friday, where officials discussed ongoing threats that have targeted residents and business owners in several communities. The meeting brought together Premier Eby, Surrey Mayor Brenda Locke and federal Public Safety Minister Gary Anandasangaree, along with senior law enforcement representatives. Participants reviewed current investigations and explored ways to improve

IndiaNov 28, 2025

Punjab announces December 14 vote for Zila Parishad and Panchayat Samiti elections

Punjab has scheduled elections for Zila Parishad and Panchayat Samiti bodies for December 14, introducing several procedural changes aimed at improving participation and oversight. The State Election Commission confirmed that ballots will be cast using paper ballots instead of electronic voting machines, marking a shift from recent local elections. Half of all seats will be reserved for women, a measure officials say is intended to strengthen representation and broaden community involvement in local governance. Vote counting is set for December 17. For the first time, each district will have a

conservation-officers-capture-two-more-grizzlies-as-investigation-continues-into-bella-coola-attack

Conservation officers capture two more grizzlies as investigation continues into Bella Coola attack

Provincial conservation officers have captured two additional grizzly bears on British Columbia’s central coast as the search continues for the animal responsible for last week’s attack on a group of schoolchildren and their teachers near Bella Coola. The B.C. Conservation Officer Service says the bears are being held for assessment while forensic evidence from the attack site undergoes analysis. The incident left three students and a teacher with serious injuries during a field trip involving about 20 participants. Authorities believe a grizzly sow and two cubs may have been involved, and

AlbertaNov 28, 2025

Alberta projects $6.4B deficit as lower oil prices strain provincial revenues

Alberta is now forecasting a $6.4-billion deficit for the current fiscal year as softer oil prices and ongoing trade uncertainty continue to weigh on the province’s finances. The updated number represents only a modest improvement from the $6.5-billion shortfall estimated in the summer fiscal outlook. The new projection marks a significant reversal from last year’s $8.3-billion surplus, underscoring how quickly Alberta’s resource-driven revenues can shift. According to the province, non-renewable resource income has fallen by roughly 30 per cent compared with last year, a decline driven

canada-posts-stronger-than-expected-economic-growth-in-third-quarter

CanadaNov 28, 2025

Canada posts stronger than expected economic growth in third quarter

Canada’s economy regained momentum over the summer months, with new federal data showing a 2.6 per cent annualized increase in real gross domestic product during the third quarter. Statistics Canada’s latest release indicates the rebound was considerably stronger than forecasts from the Bank of Canada and private sector economists, many of whom expected only modest growth. The agency reports that a sharp drop in imports combined with slightly higher exports helped strengthen the country’s trade position. Federal capital spending – including major procurement of new military equipment ?

Related News

Canada posts stronger than expected economic growth in third quarter

Canada posts stronger than expected economic growth in third quarter

Canada’s economy regained momentum over the summer months, with new federal data showing a 2.6 per cent annualized increase in real gross domestic product during the third quarter. Statistics Canada’s latest release indicates the rebound was considerably stronger than forecasts from the Bank of Canada and private sector economists, many of whom expected only modest growth. The agency reports that a sharp drop in imports combined with slightly higher exports helped strengthen the country’s trade position. Federal capital spending – including major procurement of new military equipment ?

Ottawa and Alberta sign agreement on West Coast pipeline, propose path to revisiting B.C. tanker limits

Ottawa and Alberta sign agreement on West Coast pipeline, propose path to revisiting B.C. tanker limits

The federal government and Alberta have signed a new memorandum of understanding that lays out a framework for advancing an oil pipeline to Canada’s West Coast, while also opening the door to potential changes to British Columbia’s tanker restrictions. Prime Minister Mark Carney and Alberta Premier Danielle Smith formalized the agreement at a ceremony in Calgary on Thursday, describing it as a step toward defining the project as one of national interest under the Building Canada Act. Under the terms released by officials, Ottawa says it would be prepared to adjust the West Coast tanker ban

Fintrac warns of rising child sexual extortion cases tied to organized crime

Fintrac warns of rising child sexual extortion cases tied to organized crime

Canada’s financial intelligence agency says financially motivated sexual extortion involving children is becoming more frequent, with many cases showing signs of organized criminal involvement. The Financial Transactions and Reports Analysis Centre of Canada has issued a new alert urging banks and other reporting entities to watch for financial patterns that could signal online extortion or broader child exploitation activity. The agency notes that offenders often threaten to release intimate images or videos of young victims unless money or additional content is provided. Officials say the

Legals

Journalism code of ethics

© 2021 AKASH Broadcasting Inc.

MANAGED BY STRATWIT

useful links

Accessibility Plan

BC Children's Hospital