- There is an urgent need to get more homes built quickly across Ontario. That is why our government is further supporting municipalities in building more homes by introducing the Building Faster Fund, a new three-year $1.2 billion program to help municipalities meet or exceed the housing targets they have pledged to achieve by 2031.
- Eligible municipalities will receive up to a total of $400 million each year based on their performance towards their housing targets.
- We are also expanding strong mayor powers in 21 municipalities, provided heads of council commit to a municipal housing target.
- The expansion of strong mayor powers will take effect on October 31, 2023 and is in addition to the 28 municipalities that already have strong mayor powers, having committed to targets through municipal housing pledges.
- By providing additional support and financial resources to our municipal partners as well as strong mayor powers to help speed up the approvals process, our government is acting decisively to tackle Ontario’s housing supply crisis and build the homes our residents need and deserve.
- The list of assigned housing targets for municipalities considered for strong mayor powers and the Building Faster Fund is provided below:
| Municipality | Provincial Housing Target |
| Halton Hills (new) | 9,500 |
| Aurora (new) | 8,000 |
| Bradford West Gwillimbury (new) | 6,500 |
| Kawartha Lakes (new) | 6,500 |
| Whitchurch-Stouffville (new) | 6,500 |
| New Tecumseth (new) | 6,400 |
| Innisfil (new) | 6,300 |
| Georgina (new) | 6,200 |
| Norfolk County (new) | 5,700 |
| Woodstock (new) | 5,500 |
| Peterborough City (new) | 4,700 |
| East Gwillimbury (new) | 4,300 |
| Welland (new) | 4,300 |
| Haldimand County (new) | 4,200 |
| Greater Sudbury (new) | 3,800 |
| Belleville (new) | 3,100 |
| Thunder Bay (new) | 2,200 |
| Sault Ste. Marie (new) | 1,500 |
| Chatham-Kent (new) | 1,100 |
| North Bay (new) | 1,000 |
| Sarnia (new) | 1,000 |
| Toronto | 285,000 |
| Ottawa | 151,000 |
| Mississauga | 120,000 |
| Brampton | 113,000 |
| Hamilton | 47,000 |
| London | 47,000 |
| Markham | 44,000 |
| Vaughan | 42,000 |
| Kitchener | 35,000 |
| Oakville | 33,000 |
| Burlington | 29,000 |
| Richmond Hill | 27,000 |
| Oshawa | 23,000 |
| Barrie | 23,000 |
| Milton | 21,000 |
| Cambridge | 19,000 |
| Guelph | 18,000 |
| Whitby | 18,000 |
| Ajax | 17,000 |
| Waterloo | 16,000 |
| Windsor | 13,000 |
| Clarington | 13,000 |
| Pickering | 13,000 |
| Caledon | 13,000 |
| Newmarket | 12,000 |
| St. Catharines | 11,000 |
| Brantford | 10,000 |
| Kingston | 8,000 |
| Niagara Falls | 8,000 |