More rental homes are going to be built in Toronto, says Canada’s Deputy Prime Minister

22 Nov 2023

Last week, as the latest step towards addressing the country’s housing crisis, Canada’s Department of Finance announced a new federal investment of $1.2 billion to building new rental homes in Toronto. This money will be “provided as fully repayable low-interest loans through the Rental Construction Financing Initiative [RCFI]” and spread between “seven new projects in Toronto”, according to the November 14 press release.

Source:https://www.cicnews.com/2023/11/more-rental-homes-are-going-to-be-built-in-toronto-says-canadas-deputy-prime-minister-1141420.html#gs.0pqfc7

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More rental homes are going to be built in Toronto, says Canada’s Deputy Prime Minister | Pyramid eServices | Pyramid eServices