Prime Minister Mark Carney has pledged to provide $25 billion in debt financing and $1 billion in equity financing “to innovative Canadian prefabricated homebuilders.” By Zakiya Kassam Now that the Liberals have secured another term in government, it’s time to see if they’ll make good on their promises. On the campaign trail this spring, Prime Minister…

An employee works on a modular home component. (The Canadian Press/Jeff McIntosh) When a church in Toronto's west end was converted into affordable housing nearly 15 years ago, the group behind the project was already thinking ahead. Andrea Adams, the executive director of the non-profit developer St. Clare's, said she was "daydreaming" about what could be…

Prime Minister Mark Carney, then a federal Liberal leadership candidate, visiting the UBC Smart Structures research institute on Feb. 13. Institute professor Tony Yang, left, believes prefabrication can rapidly accelerate housing delivery in Canada.Campaign for Mark Carney As Prime Minister Mark Carney’s Liberal government plans billions in financing for builders of prefabricated homes, one expert…

City staff and Missanabie Cree First Nation attended a blessing ceremony at 140 Merton St. on Monday to celebrate progress in the development of a rental housing project. The first Indigenous-led rental housing project developed for the City of Toronto will provide a nurturing environment for elders and respect cultural traditions, said the chief of the…