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Ontario  + Canada  + Apartments  | 
The federal and Quebec governments have agreed to invest in 763 new social and affordable housing units in Montreal.

Feds Fast-Tracking 1,700 New Housing Units in Vaughan

The federal government is investing $59 million to fast-track the construction of 1,700 new housing units in Vaughan, Ont.

Many of the residences are expected to comprise apartments, including affordable, social and Indigenous housing units. Vaughan is a city within the Greater Toronto Area.

“The status quo on home building in this country just isn’t working. We need more apartments, affordable housing, homes within walking distance of public transit – and we need to do it faster,” said Prime Minister Justin Trudeau in a statement.

Ottawa is investing the money through its $4-billion Housing Accelerator Fund, which is designed to help cities, towns and Indigenous governments unlock new housing supply and fast-track projects. Trudeau said the investment in Vaughan will allow for high-density development near public transit, prioritize apartment and affordable-housing construction and fix outdated permitting systems.

The City of Vaughan will also amend a zoning by-law to allow for the construction of up to four residential units on one lot, according to the prime minister.

Photo: fotografiko eugen /


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About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

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