McGuinty Government Invests $3.5 Million To Help Homeless
Working Together With Cities For Real, Positive Change
QUEEN'S PARK -- Ontario Premier Dalton McGuinty today said the City of Toronto will receive $3.5 million to help reduce homelessness and provide more affordable housing.
"We're working in partnership with the City of Toronto to implement real, positive change," said Premier McGuinty. "A place to live is a basic need -- fundamental to a decent quality of life."
The funding for this announcement comes from the sale of the former site of the Princess Margaret Hospital at 500 Sherbourne Street. The property was sold by the Ontario Realty Corporation to the Times Group, a company that will develop the site. The City of Toronto will use the proceeds to address homelessness.
"This contribution represents the first step in what I believe will be an ongoing, cooperative effort on the part of the city and the province to combat homelessness and provide more affordable housing in Toronto," said Toronto Mayor David Miller.
"The previous government didn't build a single unit of affordable housing," said Community and Social Services Minister Sandra Pupatello. "Our government understands that communities cannot thrive if they struggle to meet the basic needs of citizens."
Premier McGuinty highlighted his government's commitment to work with municipalities on shared priorities that will ensure strong, growing communities.
"Our government will sit down with its municipal and federal partners to develop effective solutions to the problems facing our cities," said Premier McGuinty.