August 5, 2026
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0:43Now PlayingPrime Minister Mark Carney announced that the federal government will be investing $2.7 billion into 18 affordable housing projects in Toronto over the next three years.
The plan includes 5,600 rental homes, 1,800 of which will be "deeply affordable," supportive or rent-controlled, Carney said. He said 4,500 new homes will be under construction by year's end.
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