Ontario Construction News
North Bay is crediting incentives through programs including Ottawa’s Housing Accelerator Fund for a doubling of dwelling unit starts in 2025.
“These numbers demonstrate the city’s ongoing role in facilitating housing development through financial incentives, planning tools, and partnerships,” said Mayor Peter Chirico. “By supporting projects like Cartier Street and encouraging diverse residential growth, we are helping create new housing opportunities throughout the community.”
The 100-unit apartment building Cartier Street project is supported by the City’s Growth Community Improvement Plan though the Accelerator Fund in partnership with the District of Nipissing Social Services Administration Board. The fund awarded North Bay $10.6 million in 2025.
The city in a statement said construction of new dwelling units in 2025 totaled 242 units – more than double the 2024 total and surpassing levels seen during the COVID-era building boom. This includes 41 single-family dwellings, 56 additional dwelling units, 26 semi-detached units, and 119 multi-residential units.
Residential construction accounted for $49,933,618 of the total construction values for 2025, which reached $147,524,550, up from $81,661,282 in 2024.
The institutional sector accounted for the largest share, totaling $74,840,780. This includes the new Community and Recreation Centre, as well as sixty new affordable housing units for seniors at the former site of JW Trusler School on Cartier Street.
Commercial and industrial construction contributed $14.2 million and $7.8 million, respectively, up from $10.6 million and $4.7 million in 2024.
