The Ontario government, led by Premier Doug Ford and Minister Paul Calandra, is considering counting student housing as part of its ambitious target to build 1.5 million new homes. This decision follows the inclusion of long-term care (LTC) beds in the housing count. The move has sparked discussions, as the Canada Mortgage and Housing Corporation (CMHC) does not traditionally consider student residences as new homes. Despite this, the Ford government's approach aims to address the housing shortage, with recent achievements including the creation of 25 new homes in Brampton. Additionally, Ontario has recognized four cities for meeting their housing goals, which now includes the tally of care beds.
Ontario awarded four cities millions for meeting housing goals after count tallied care beds https://t.co/pmX8xOo47e
Ontario looks at counting student residences toward aim of building 1.5 million homes https://t.co/vED8JEGoOt
Ontario may soon count student residences as homes to reach housing goal https://t.co/YZSB6EC06u
BREAKING: @fordnation and @PaulCalandra create 25 new homes in Brampton! At this rate, we’ll crush our 1.5m homes target. #onpoli https://t.co/1R05kRVIJL
NEW: First LTC beds and now student housing. While the CMHC doesn’t count them as new homes, the Ford government will start counting student housing towards its home building targets. https://t.co/PCIjGCnNYK #onpoli