News

$2.7 Billion Investment to Build 5,600 Affordable Rental Homes in Toronto

August 7, 2026 News

Our government is investing $2.7 billion to build 5600 rental homes in Toronto, 4500 which will be under construction by year’s end. In partnership with @cityofto, we will build our communities stronger with housing that is affordable.


Learn more: https://www.pm.gc.ca/en/news/news-releases/2026/08/05/government-canada-and-city-toronto-build-thousands-new-rental-homes