Revitalizing Toronto's Waterfront: A federal commitment to sustainable urban growth, in collaboration with the Province of Ontario and the City of Toronto

The Minister of Housing and Infrastructure and Minister responsible for Pacific Economic Development Canada oversees federal responsibilities related to the Toronto Waterfront Revitalization Corporation, known as Waterfront Toronto.

Housing, Infrastructure and Communities Canada (HICC), in collaboration with the Ontario Ministry of Infrastructure, and the City of Toronto, has provided joint funding to Waterfront Toronto to advance a series of transformative initiatives to revitalize the city's waterfront. In particular, HICC funding will unlock thousands of new housing units through strategic investments in both traditional city-building infrastructure, such as local transportation and sewer systems, and modern, urban development, including parks, green spaces, recreational facilities and the redevelopment of underutilized post-industrial areas.

These investments are expected to generate significant social and economic benefits for the Toronto region.

Federal funding is focused on:

• Housing-enabling infrastructure, such as local roads, sidewalks, bicycle paths, lighting and signalling systems, electrical utilities and sanitary system upgrades;
• Flood protection and brownfield remediation, creating opportunities for urban development;
• Public realm development, such as planning, design, and construction of parks, green spaces, and other public spaces; and
• Urban infrastructure and land development, such as strategic land acquisitions, and recreational facilities to support vibrant, livable communities.

About Waterfront Toronto

Waterfront Toronto is mandated to transform 800 hectares of brownfield lands along the city's waterfront into beautiful, accessible, sustainable mixed-use communities and dynamic public spaces – making it one of the largest infrastructure projects in North America.

Waterfront Toronto was established in 2001 as a not-for-profit corporation following a joint commitment of $500 million each from the Government of Canada, the Province of Ontario, and the City of Toronto. All three orders of government are represented on its Board of Directors, and the Minister of Housing and Infrastructure and Minister responsible for Pacific Economic Development Canada appoints federal members.

Investments

On January 28, 2025, the Government of Canada, the Province of Ontario, and the City of Toronto announced a $975 million investment to accelerate the delivery of Waterfront Toronto's revitalization plan. In addition, the Government of Canada is contributing $200 million to match previous contributions from the Province of Ontario and the City of Toronto for the Broadview Eastern Flood Protection project. This project aims to provide critical flood protection infrastructure to enable housing development in lands east of the Don River, such as the East Harbour Precinct. Once fully completed, the revitalization plan will enable the creation of over 14,000 new homes, including affordable rental housing, along Toronto's waterfront.

These investments build on previous phases of waterfront revitalization including the Port Lands Flood Protection and Enabling Infrastructure project. This project protected southeastern portions of downtown Toronto from flooding, and transformed former industrialized lands into vibrant public and green space. More information on this transformative project can be found on the Port Lands website.

The Cherry Street Stormwater and Lakefilling project, completed in 2020, improved storm water conveyance, stabilized the shoreline under flood conditions and enhanced aquatic habitat.

Follow Waterfront Toronto on social media

• X
• YouTube
• Facebook

Port Lands Flood Protection and Enabling Infrastructure project pictures