Ontario and Ottawa will spend billions to help cut municipal housing development charges in an effort to spur new builds across the province, Prime Minister Mark Carney and Premier Doug Ford announced Monday.

Source: CBC News Toronto

https://www.cbc.ca/news/canada/toronto/carney-ford-chow-news-conference-9.7146922

Carney, Ford, Chow announce cuts to development charges intended to spur housing builds in Ontario | CBC News

CBC Toronto is carrying the 11 a.m. ET announcement here.

CBC
@dkmackinnon Hurrah, corporate welfare instead of social housing!
@robho Awesome! More money for the rich. @dkmackinnon