Outlook for Ontario housing starts weakens further away from 1.5 million goal
Ontario’s housing start projections have been revised downward once again in the province’s budget, putting the government even farther off track from building 1.5 million homes over 10 years — a target to which the ministers in charge say they pay no mind.
The province is projecting just 64,800 housing starts this year — 10,000 fewer than it expected for this year in last year’s budget and 30,000 fewer than the 2024 plan projected.
The government’s own math early on in its bid to...