May 15, 2025 Building Ontario Fund capitalization increased and responsibilities expanded Government increasing Fund’s capital allocation to $8 billion and transferring administration of Indigenous loan guarantee program from the OFA, expanding funding and scope TORONTO — In today’s 2025 Ontario Budget, the Ontario government announced two significant actions to accelerate...

Jan 27, 2025           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. The four...

January 23, 2025 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...

October 16, 2024 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. Today’s announcement marks a significant step forward for the Building Ontario Fund as it advances its mandate to invest in...

July 5, 2024 TORONTO – The Building Ontario Fund (BOF) is pleased to announce the appointment of Helen Bobiwash to its Board of Directors. “I am delighted to welcome Helen to the BOF Board of Directors. Her extensive experience in financial management and community engagement will deepen the Board’s capabilities...