{"id":14702,"date":"2025-01-28T16:44:47","date_gmt":"2025-01-28T16:44:47","guid":{"rendered":"http:\/\/torontotribune.ca\/index.php\/2025\/01\/28\/federal-provincial-and-municipal-governments-to-invest-975m-in-torontos-waterfront\/"},"modified":"2025-01-28T16:44:47","modified_gmt":"2025-01-28T16:44:47","slug":"federal-provincial-and-municipal-governments-to-invest-975m-in-torontos-waterfront","status":"publish","type":"post","link":"https:\/\/torontotribune.ca\/index.php\/2025\/01\/28\/federal-provincial-and-municipal-governments-to-invest-975m-in-torontos-waterfront\/","title":{"rendered":"Federal, provincial and municipal governments to invest $975M in Toronto\u2019s waterfront"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"article-byline\">\n<div class=\"c-byline__text\">\n<p>\n\t\t\t\t<span>By Staff<\/span><br \/>\n\t\t\t\t<span class=\"c-byline__source c-byline__source--noName\"><br \/>\n\t\t\t\t\t\t\t\t\t\tThe Canadian Press<br \/>\n\t\t\t\t<\/span>\n\t\t\t<\/p>\n<div class=\"c-byline__datesWrapper\">\n<div class=\"c-byline__dates\">\n<p>\n\t\t\t\t\t<span>Posted January 28, 2025 11:25 am<\/span>\n\t\t\t\t\t\t\t\t\t<\/p>\n<p>\n\t\t\t\t<strong>1 min read<\/strong>\n\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<div>\n<div class=\"l-article__details\" data-article-socialshare=\"true\">\n<div id=\"article-fontSizer\" class=\"c-fontSizer\">\n<p>\n\t\t<button class=\"c-fontSizer__button c-fontSizer__button--decrease c-button c-button--details c-button--mini\" data-trackable=\"true\" data-trackaction=\"Font Sizer Decrease Font\" data-tooltip-title=\"Decrease text size\"><br \/>\n\t\t\t<span class=\"sr-only\">Descrease article font size<\/span><br \/>\n\t\t\t\t<svg class=\"c-icon  c-fontSizer__icon\" focusable=\"false\">\n\t\t<use xlink:href=\"https:\/\/globalnews.ca\/wp-content\/themes\/shaw-globalnews\/assets\/dist\/icons\/out\/symbol\/svg\/sprite.symbol.svg?v=cv3j60zbx#font-decrease\"\/>\n\t<\/svg><br \/>\n\t\t\t<\/button>\n\t<\/p>\n<p>\n\t\t<button class=\"c-fontSizer__button c-fontSizer__button--increase c-button c-button--details c-button--mini\" data-trackable=\"true\" data-trackaction=\"Font Sizer Increase Font\" data-tooltip-title=\"Increase text size\"><br \/>\n\t\t\t<span class=\"sr-only\">Increase article font size<\/span><br \/>\n\t\t\t\t<svg class=\"c-icon  c-fontSizer__icon\" focusable=\"false\">\n\t\t<use xlink:href=\"https:\/\/globalnews.ca\/wp-content\/themes\/shaw-globalnews\/assets\/dist\/icons\/out\/symbol\/svg\/sprite.symbol.svg?v=cv3j60zbx#font-increase\"\/>\n\t<\/svg><br \/>\n\t\t\t<\/button>\n\t<\/p>\n<\/div>\n<\/div>\n<article class=\"l-article__text js-story-text\" aria-label=\"Article text\">\n<p>Officials say the three levels of government will spend $975 million to speed up the revitalization of Toronto\u2019s waterfront and create more than 14,000 new homes in the area.<\/p>\n<p><\/p>\n<p>The Ontario government says the city, the province and the federal government will each invest $325 million in the project.<\/p>\n<div class=\"c-inlineSignup\" data-newsletter-inline=\"\">\n<div class=\"c-inlineSignup__image\">\n\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"170\" height=\"225\" loading=\"lazy\" src=\"https:\/\/globalnews.ca\/wp-content\/themes\/shaw-globalnews\/images\/skyline\/national.jpg\" alt=\"Get the day's top news, political, economic, and current affairs headlines, delivered to your inbox once a day.\"\/>\n\t\t\t\t<\/div>\n<div class=\"c-inlineSignup__content\">\n<h3>Get daily National news<\/h3>\n<p>Get the day&#8217;s top news, political, economic, and current affairs headlines, delivered to your inbox once a day.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<p>It says the revitalization and building of new homes will include affordable rental housing and create an estimated 100,000 skilled trades jobs.<\/p>\n<p>The province says this is the next phase of the city waterfront\u2019s ongoing transformation, building on a previous tri-government investment of $1.4 billion to protect the area from flooding.<\/p>\n<section id=\"content-dynamic-trending-stories\" class=\"l-inlineStories l-inlineStories--tile u-hide-tablet-landscape\" aria-label=\"Dynamic trending stories section\">\n<p>\n\t\t<span class=\"l-inlineStories__title c-heading c-heading--strikethrough\">Trending Now<\/span>\n\t<\/p>\n<ul class=\"l-inlineStories__posts c-posts c-posts--inline \">\n<li class=\"c-posts__item\">\n\t\t\t<a href=\"https:\/\/globalnews.ca\/news\/10979437\/death-royal-canadian-navy-sailor-halifax-update\/\" class=\"c-posts__inner\"><\/p>\n<div class=\"c-posts__media \">\n\t\t\t\t\t\t<img loading=\"lazy\" class=\"c-posts__thumbnail\" data-src=\"https:\/\/globalnews.ca\/wp-content\/uploads\/2025\/01\/applin.jpg?quality=85&amp;strip=all&amp;w=336&amp;h=224&amp;crop=1\" loading=\"lazy\" width=\"336\" height=\"224\" alt=\"\"\/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n<div class=\"c-posts__details\">\n<p>\n\t\t\t\t<span class=\"c-posts__headlineText\" title=\"Navy identifies sailor who died in Halifax-area basin incident, says 911 call came in\" data-title=\"\">Navy identifies sailor who died in Halifax-area basin incident, says 911 call came in<\/span>\n\t<\/p>\n<\/p><\/div>\n<p>\t\t\t<\/a>\n\t\t<\/li>\n<li class=\"c-posts__item\">\n\t\t\t<a href=\"https:\/\/globalnews.ca\/news\/10979072\/canada-foreign-interference-inquiry-report\/\" class=\"c-posts__inner\"><\/p>\n<div class=\"c-posts__media \">\n\t\t\t\t\t\t<img loading=\"lazy\" class=\"c-posts__thumbnail\" data-src=\"https:\/\/globalnews.ca\/wp-content\/uploads\/2025\/01\/Foreign-Interference-report.jpg?quality=85&amp;strip=all&amp;w=336&amp;h=224&amp;crop=1\" loading=\"lazy\" width=\"336\" height=\"224\" alt=\"\"\/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n<div class=\"c-posts__details\">\n<p>\n\t\t\t\t<span class=\"c-posts__headlineText\" title=\"Canada\u2019s foreign interference inquiry report lands Tuesday. What to know\" data-title=\"\">Canada\u2019s foreign interference inquiry report lands Tuesday. What to know<\/span>\n\t<\/p>\n<\/p><\/div>\n<p>\t\t\t<\/a>\n\t\t<\/li>\n<\/ul>\n<\/section>\n<p>Toronto\u00a0Mayor Olivia Chow says the money from all levels of government will build \u201ca vibrant waterfront for generations to come.\u201d<\/p>\n<p>The province says site servicing work will begin shortly to prepare for a 2026 construction start date for new homes, with the goal of first occupancy by 2031.<\/p>\n<div class=\"c-tabs\">\n<p>\n\t\t\t<button role=\"tab\" class=\"c-tabs__tab c-tabs__tab--active\" type=\"button\">More on Politics<\/button><br \/>\n\t\t\t<button role=\"tab\" class=\"c-tabs__tab\" type=\"button\">More videos<\/button>\n\t\t<\/p>\n<\/p><\/div>\n<\/article>\n<div class=\"l-article__copyright\">\n<p>\n\t\t&amp;copy 2025 The Canadian Press\t<\/p>\n<\/div><\/div>\n<p><script defer src=\"https:\/\/connect.facebook.net\/en_US\/sdk.js#xfbml=1&#038;appId=318812448281278&#038;version=v3.3\"><\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/globalnews.ca\/news\/10981268\/toronto-waterfront-development\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Staff The Canadian Press Posted January 28, 2025 11:25 am 1 min read Descrease article font size Increase article font size Officials say the three levels of government will spend $975 million to speed up the revitalization of Toronto\u2019s waterfront and create more than 14,000 new homes in the area. The Ontario government says<\/p>\n","protected":false},"author":3,"featured_media":14703,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[],"class_list":["post-14702","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Federal, provincial and municipal governments to invest $975M in Toronto\u2019s waterfront - Toronto Tribune<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/torontotribune.ca\/index.php\/2025\/01\/28\/federal-provincial-and-municipal-governments-to-invest-975m-in-torontos-waterfront\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Federal, provincial and municipal governments to invest $975M in Toronto\u2019s waterfront - Toronto Tribune\" \/>\n<meta property=\"og:description\" content=\"By Staff The Canadian Press Posted January 28, 2025 11:25 am 1 min read Descrease article font size Increase article font size Officials say the three levels of government will spend $975 million to speed up the revitalization of Toronto\u2019s waterfront and create more than 14,000 new homes in the area. 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