The companies will transform the 67-year-old Golden Mile shopping centre on Eglinton Avenue in Toronto into a mixed-use, mixed-income transit-oriented community. Phase one of the work will include two condominium towers, and a purpose-built market rental building.

A project being run by the Canadian Society for Civil Engineering in conjunction with McMaster University will received nearly $600,000 from the province to train 150 people in engineering disciplines.

A source with knowledge of the restrictions discussed at an hours-long cabinet meeting Wednesday night says the final details of the new measures will be worked out this morning.

Citing the need for drastic action, Ford said the change will take effect Saturday and continue for at least four weeks.

The $1 billion planned for capital works projects is only slightly lower than the actual spend in 2020. This year marks the second in a row in which the city plans to spend more than $1 billion on its infrastructure works.