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Carney and Chow Unveil Housing Plan | Toronto News
Prime Minister Mark Carney and Toronto Mayor Olivia Chow are set to unveil bold new plans today at 2:30 PM ET to tackle the city’s affordable housing crisis, just as a major federal funding stream for Toronto Community Housing is about to expire. With over half their budget reliant on this funding — now projected to leave a $3 billion shortfall between 2026 and 2035 — the announcement comes amid Ontario’s broader failure to meet its 1.5 million-home target by 2031. This historic joint appearance also follows the federal government’s rejection of Ontario’s Billy Bishop airport expansion plan…
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