Ontario is expanding its strong mayor powers to 21 more cities while providing municipalities financial “rewards” if they are able to meet housing targets.
The announcement was made at the Association of Municipalities of Ontario annual conference on Monday morning.
“It would be the first time in over three decades that Ontario surpassed the 100,000 threshold,” he said.The government will be setting up a three-year, $1.2 billion fund that will provide up to $400 million per year to municipalities that have committed in writing to achieving certain housing targets set by the province.
The government said municipalities that achieve 80 per cent or more of their annual target will be able to access the funding.“Here’s the best part. Municipalities that exceed their target, that do better than 100 per cent, get a bonus,” Ford said.
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