Ottawa slashes Toronto’s housing funding by $10 million for failing to permit city-wide sixplexes

Feds cut $10 million from Toronto housing fund over sixplex decision

Prime Minister Mark Carney's government had previously threatened to withhold $30 million in housing funding over city council's sixplex decision.

Ottawa slashes Toronto’s housing funding by $10 million for failing to permit city-wide sixplexes

The federal government says it is reducing the housing funding it is giving to Toronto after the city failed to permit city-wide sixplexes.

Update on the Housing Accelerator Fund Agreements for Red Deer, Toronto, Vaughan

OTTAWA, ON, Jan. 16, 2026 /CNW/ - The Housing Accelerator Fund (HAF) helps increase the supply of housing by cutting red tape and reducing local barriers to housing. In exchange for federal funding, Canadian communities commit to reforms, such as eliminating restrictive zoning, that will speed up housing over the long-term, and to growth targets demonstrating results. Red Deer signed a HAF agreement with the federal government in February 2025.…

Ottawa reduces Toronto housing funding, cancels Red Deer agreement

Ottawa is cancelling Red Deer’s housing deal and cutting funding for Toronto and Vaughan after the cities failed to meet commitments under the Housing Accelerator Fund.

Canada to cut Toronto housing funding by $10 million as the city failed in its committment - The Canadian Media

Ottawa/CMEDIA: The Canadian government reportedly announced Friday that it would reduce Toronto’s Housing Accelerator Fund (HAF) by $10 million as its commitment under the agreement had not been fully met. “Our government is committed to removing barriers and cutting red tape to enable more housing development in communities across Canada...demonstrating the results of the Housing

CMHC cancels housing fund deal with city of red deer, council won't return money