The City of Ottawa missed out on tens of millions of dollars in provincial funding because it did not hit its target for housing starts last year. The Ministry of Municipal Affairs and Housing confirmed to CTV News Ottawa that the city did not receive money from the Building Faster Fund for 2024. Last year, the city received $37.5 million from the Ontario government for meeting 80 per cent of its 2023 housing targets, having broken ground on 10,313 new housing units in 2023. The 2024 target was 12,583 homes, but there were only 7,871 housing starts in Ottawa last year, or 62.5 per cent of the goal. The number of housing starts in Ottawa so far this year has exceeded the pace of housing starts in 2024. According to the Canada Mortgage and Housing Corporation, there were 6,314 housing starts in Ottawa from January through July 2025, up from 3,750 during the same period last year.
