Ontario risks losing $357 million in federal funding for affordable housing if the provincial government does not submit a revised action plan to meet its federal housing targets by the end of the day Friday, the federal housing minister said.
In a letter addressed to Ontario Housing Minister Paul Calandra on Thursday, federal housing minister Sean Fraser wrote that Ontario’s draft action plan for 2022-2025 fails to meet commitments made to the federal government in 2018.
“Speaking frankly, the proposed Action Plan is a disappointment,” Fraser wrote in the letter.
In response to Fraser, Calandra said that “it is unacceptable that you would
