TORONTO — As part of its plan to protect Ontario and build a more competitive, resilient and self-reliant province, the government is investing approximately $83 million through the Building Ontario Fund (BOF) to create a new, multi-phased student housing development at Toronto Metropolitan University (TMU). The first phase of the project will result in a...
Toronto, ON – The Ontario government is expanding the mandate of the Building Ontario Fund (BOF) to include critical minerals as a new priority area for infrastructure investment. BOF plays a pivotal role in catalyzing investments in transformative infrastructure projects across the province. With this expanded mandate, BOF will be able to invest in enabling...
Clarington, ON – Canada Growth Fund Inc. (CGF) and Building Ontario Fund (BOF) today announced an equity commitment agreement to finance the Small Modular Reactors (SMR) project to be constructed at the Darlington New Nuclear Project (the DNNP or the Project), which will be majority owned and operated by Ontario Power Generation Inc. (OPG). Through...
TORONTO – The Building Ontario Fund (BOF) has reached financial close on an agreement with Arch Corporation (Arch) that bundles four loans to redevelop and expand long-term care (LTC) homes in smaller communities in Ontario. Manulife financed the project in partnership with BOF to help accelerate priority infrastructure development in the province.
TORONTO — In today’s 2025 Ontario Budget, the Ontario government announced two significant actions to accelerate and catalyze infrastructure investment across the province through the Building Ontario Fund (BOF).
TORONTO – The Building Ontario Fund has entered into an agreement in principle with Arch Corporation (Arch) to finance four new and redeveloped long-term care homes in rural communities across the province. The homes will be located in Amherstburg, Lancaster, Prescott, and Tay Valley Township.
TORONTO– The Building Ontario Fund has entered into an agreement in principle with The Rekai Centres to finance Rekai Centre at Cherry Place, a new not-for-profit long-term care home for 348 residents in a high-needs downtown Toronto community. Consistent with the Building Ontario Fund’s requirement to invest alongside external capital, The Rekai Centres has also...
TORONTO – The Building Ontario Fund Board of Directors is pleased to announce the appointment of Michael Fedchyshyn as its inaugural Chief Executive Officer, effective November 12.
TORONTO — The Building Ontario Fund (BOF) Chair, Brian J. Porter, is pleased to welcome the appointment of Arshil Jamal and Constance L. Sugiyama to the BOF Board of Directors. These appointments represent additional steps in enhancing the governance of the arm’s-length, board-governed agency.
