Ontario Got 74% Of National Housing Fund, While B.C. Got Less Than 1%

New home construction takes place in a development in Oakville, Ont., on Aug. 15, 2019.

Data obtained by federal NDP housing critic Jenny Kwan shows nearly 74 per cent of the financing for loans and grants has gone to Ontario projects from its inception in May 2018 to June 2020. Ontario projects received roughly $1.39 billion out of $1.46 billion awarded since the program began, most of it going towards repairs for Toronto Community Housing.

“We have made important progress, but we know how urgent the needs are, particularly in B.C. It is why we are absolutely committed to working with CMHC to get funds out the door faster,” she said in a statement. B.C. has received $2.5 billion in funding under the National Housing Strategy as of June 2020, Eritou said.

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