Latest News & Announcements

Investment Announcement: Rekai Centre at Cherry Place

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 reached an agreement in principle to receive financing from a major Canadian bank

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Building Ontario Fund Welcomes Two New Directors to the Board

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.

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Building a Better Ontario

TORONTO — Today, Minister of Finance Peter Bethlenfalvy released the 2024 Budget: Building a Better Ontario. Like the rest of the world, Ontario continues to face economic uncertainty due to high interest rates and global instability.

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