The company will work with Osler and Infrastructure Ontario to advance the project’s design, schedule, pricing, and risk parameters under a progressive design-build model.

While homes valued up to $1 million would qualify for the full rebate, there will be partial rebates on a phased-in basis for homes valued up to $1.5 million. 

The update includes 25 projects in the pre-procurement and active procurement stages and 20 others in initial planning stages.

The Ontario government launched the $75-million anti-tariff ad campaign featuring former U.S. president Ronald Reagan earlier this month and it was scheduled to run until the end of January. 

The Bank of Canada lowered its benchmark interest rate by a quarter point to 2.5 per cent in late September, snapping a streak of three consecutive rate holds since March.