Ontario Rewards Greater Sudbury With Nearly $1.3 Million Through the Building Faster Fund

From the Ontario Government

The Ontario government is rewarding the City of Greater Sudbury with $1,296,053 through the third round of the Building Faster Fund, which provides funding to municipalities that achieve at least 80 per cent of their provincially designated housing targets. In 2025, Greater Sudbury broke ground on 433 new homes, exceeding its annual target by 14 per cent. The funding will help the City of Greater Sudbury build more homes and community infrastructure while advancing the province’s plan to protect Ontario by investing in projects that support economic growth and keep workers on the job.

“Greater Sudbury’s results show what’s possible when municipalities remove barriers and get more homes built,” said Graydon Smith, Associate Minister of Municipal Affairs and Housing. “We’re recognizing that leadership by reinvesting in the infrastructure needed to keep building and support long-term growth. By exceeding its housing target, the city is helping create more opportunities for families and workers to find a place to call home.”

Announced in August 2023, the Building Faster Fund is a three-year, up to $1.2 billion program that helps municipalities build more homes faster. The fund rewards municipalities that make significant progress toward their housing targets by providing funding for the infrastructure needed to support new housing and growing communities.

“We are grateful to the Ontario government for its continued partnership and support through the Building Faster Fund,” said Paul Lefebvre, Mayor of Greater Sudbury. “Unlocking more housing in Greater Sudbury is a key priority for City Council and this funding will allow us to continue making strategic infrastructure investments that help get more homes built and ensure Greater Sudbury is well positioned to meet the needs of our growing community.”

The Ontario government is also helping to speed up the construction of new homes and infrastructure by streamlining development processes and reducing unnecessary costs, most recently through the Building Homes and Improving Transportation Infrastructure Act, 2026, and the HST Relief Implementation Act (Residential Property Rebates), 2026.

As part of the up to $8.8 billion Canada-Ontario Partnership to Build, Ontario has introduced the Development Charge Reduction Program, which will provide funding for housing-enabling infrastructure projects over 10 years. Funding will be prioritized for municipalities that reduce and maintain reductions on development charges. The agreement also supports the removal of the HST on new homes from April 1, 2026, to March 31, 2027, which will save homebuyers up to $130,000 off the cost of a new home. Collectively, these measures help to enhance affordability, support builders as they get shovels in the ground on new homes and keep workers on the job.

Quick Facts

  • From January to May 2026, Ontario saw 26,084 total housing starts, an increase of 17.2 per cent compared to the same period in 2025.
  • From January to May 2026, Ontario saw 13,599 rental starts, an increase of 94.9 per cent compared to the same period in 2025. This is a record for rental starts for this time of the year.
  • To help make way for more housing opportunities and support growing communities, the government is also giving municipalities more time to spend funds rewarded through the Building Faster Fund, extending the deadline to 2028.
  • Ontario is investing over $45 million in municipalities across the District of Sudbury through the Municipal Housing Infrastructure Program which will enable over 3,000 new homes. This includes approximately $35 million for the City of Greater Sudbury.