Canada and Ontario sign affordable housing program agreement. (Shelter).OTTAWA Ottawa, city, Canada Ottawa (ŏt`əwə), city (1991 pop. 313,987), capital of Canada, SE Ont., at the confluence of the Ottawa and Rideau rivers. Hull, Que. -- The Governments of Canada Canada (kăn`ədə), independent nation (2001 pop. 30,007,094), 3,851,787 sq mi (9,976,128 sq km), N North America. Canada occupies all of North America N of the United States (and E of Alaska) except for Greenland and the French islands of and Ontario signed an Affordable Housing Program Agreement which will provide $489.42 million over the next five years to help increase the supply of affordable housing in the province. Federal funding of $244.71 million, together with matching contributions Matching Contribution A type of contribution an employer chooses to make to his or her employee's employer-sponsored retirement plan. The contribution is based on elective deferral contributions made by the employee. from the Province of Ontario, municipalities and other private and nonprofit A corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive. Nonprofits are also called not-for-profit corporations. Nonprofit corporations are created according to state law. groups will help create an estimated 10,500 units in Ontario during the next five years with municipalities, private developers and the nonprofit sector. The program aims to create more housing for seniors and others in need for a guaranteed length of time. 416-585-7210 |
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