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Ontario records low housing starts, even using new ways of counting them

ONTARIO, CANADA, AUG 11 – Ontario reached only 75% of its 125,000 housing start target in 2024 despite counting new housing types and investing over $4 billion in housing initiatives, official data shows.

  • On Aug. 11, 2025, in Toronto, the Ontario government recorded just 94,753 housing starts in 2024, below the 125,000 target.
  • Under Premier Doug Ford’s 1.5 million-home plan, the Ontario government set a 125,000-unit goal for 2024, rising to 150,000 in 2026, supported by the Building Faster Fund.
  • Data from the Canada Mortgage and Housing Corporation shows around 27,400 housing starts until June, a 25% decline from last year, indicating worsening trends in Ontario.
  • In 2024, only 15 municipalities met their housing targets, eight managed 80,000 or above, and 27 including Ottawa, Mississauga, and Brampton failed to meet their goals.
  • To boost housing starts, a Ministry of Municipal Affairs and Housing spokesperson said Ontario is supporting efforts with over $3 billion in investments and $1.2 billion through the Building Faster Fund.
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Ontario records low housing starts, even using new ways of counting them

TORONTO — Ontario's final tally for housing starts in 2024 is well off what's needed to achieve Premier Doug Ford's goal of getting 1.5 million homes built, even with various new categories the government is adding such as university dorms.

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The Hamilton Spectator broke the news in Hamilton, Canada on Monday, August 11, 2025.
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