Prime Minister Mark Carney and Toronto Mayor Olivia Chow announced a $2.7 billion partnership Wednesday to build 18 housing projects across Toronto over the next three years, delivering more than 5,600 rental homes. Ottawa is funding the deal through two channels, Build Canada Homes and the Canada Mortgage and Housing Corporation’s Apartment Construction Loan Program. PM Mark Carney announces a new partnership with the City of Toronto to build 18 housing projects across the city. The projects, Carney said, were “stalled for want of financing, until today.” Build Canada Homes is also the vehicle behind Carney’s June deal with BC Premier David Eby, but the mechanism there was different.