Toronto, ON - Building Ontario Fund (BOF) is partnering with High Art Capital to establish a fund to be capitalized with a minimum of $1.3 billion. The fund intends to purchase and convert unsold condominium inventory into much-needed rental housing at scale. With BOF contributing up to $300 million to the fund, this initiative represents...
Kincardine, ON â The Ontario government today announced a $250 million investment by Saugeen Ojibway Nation (SON) in Bruce Powerâs medical isotopes business. The transaction is supported by a provincial guarantee under the Indigenous Opportunities Financing Program (IOFP), administered by Building Ontario Fund. The guarantee is one of the largest of its kind since the...
TORONTO â 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 â 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 â 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...
TORONTOâ 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 Fundâs requirement to invest alongside external capital, The Rekai Centres has also...