The report suggests that housing starts will weaken over the next few years and bring lower levels of employment in the residential sector.

With 8,800 homes, the development could become one of the largest transit-oriented communities in Toronto’s history.

It's the second time this year that Ottawa has taken this route, the first time being this summer when Canada's two main railways ground to a halt.

Permit values rose in the province by 25% compared to the month previous to reach $5.9 billion.

The latest round of funding will make more than $74 million in available funding to build, expand and retrofit training facilities for workers in the trades.