Toronto Community Housing says federal funding is drying up
Canada’s biggest landlord warns that up to 19,000 units will soon be in critical condition
In April of 2019, Ottawa funnelled a whopping $1.3 billion into the Toronto Community Housing Corporation (TCHC), the largest federal investment with a municipal partner in Canadian history, as part of the National Housing Strategy. The money was meant to repair roughly 60,000 housing units—and now, the TCHC says it’s running dry.
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According to the Star, the TCHC, which happens to be Canada’s biggest landlord, needs a major cash injection by the end of this year to keep another 30,000 homes up to snuff. The organization says that more than 19,000 units will be in critical condition over the next five years.
Federal Housing Minister Gregor Robertson’s office declined to comment on whether there’s more funding coming for the TCHC in 2026. However, in an email to Toronto Life, the Canada Mortgage and Housing Corporation, a Crown entity, acknowledged the need for quality affordable housing in Toronto. It also confirmed that a renewal of the National Housing Strategy is in the works. “As noted at the Federal, Provincial and Territorial Forum on Housing in September 2025, federal, provincial and territorial housing ministers have committed to renewing housing partnerships to ensure continued support for affordable housing,” read the statement.
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For the TCHC, more funding couldn’t come soon enough. The agency faces massive demand for its services, with a wait list of more than 105,000 households.
