Capital repairs

TCHC uses our capital budget to fund critical capital repairs and maintenance to achieve renewal and modernization of our ageing assets, and comprehensively upgrade facilities to improve tenant comfort, sustainability and accessibility. 

Investing in TCHC is an investment in Canada

Since 2019, TCHC has built a strong, Canadian network of suppliers, vendors, contractors, labour partners, and local trades. We have done this by strategically investing funding received from the Federal Government's National Housing Strategy Co-Investment Fund into TCHC’s capital repairs. Through this proven network of local tradespeople, contractors, and specialized manufacturers, we've delivered large-scale building repairs and upgrades across our housing portfolio. 

The size of TCHC’s portfolio, currently valued at $20 billion, means that our investments and purchasing has massive benefits for businesses and industries across the country—employing Canadian workers in manufacturing, skilled-trades and building construction.  

Supporting Canadian industries impacted by US tariffs

Several key Canadian industrial sectors depend on the work that will be created from TCHC’s capital plan. Many of these industries are also being heavily impacted by America tariffs. This includes:

• Aluminum and steel
• Forestry and wood products like cabinetry
• Copper, steel, and other metal products
• Petroleum products including roofing materials

The impact of investment into TCHC also goes beyond Toronto’s local economy. It supports jobs and manufacturing across Southern Ontario’s industrial heartland and other manufacturing and industrial hubs across Canada. 

Our track record of delivering results

We are industry leaders in delivering large scale, highly complex retrofit projects on dozens of sites across the city  

We also continue to meet or over-deliver on our performance targets and funding commitments. We’ve done this despite challenges with inflation, which limits our purchasing power with the fixed amount of capital dollars we receive.

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Why is preservation important?

Upgrading and repairing buildings that already exist is the fastest and most cost-effective way to address housing supply and affordability.

Retrofitting existing buildings come at a fraction of the cost of building new housing. It is faster and cheaper to secure approvals and repairs on existing buildings. This is true even for fully shuttered units.

While we’ve made significant progress to improve the condition of our buildings since 2019, the work is far from over. Without renewed funding, the progress we’ve made will eventually be lost as buildings keep aging.

To make sure the progress we have already made is not wasted, it is the responsibility of today’s policy makers to keep this investment going. By taking care of this large and important public asset, we are also preserving the value of housing investments made by previous generations.  

You can zoom in on the presentation using the buttons at the bottom. A PDF copy is also available to download at the bottom of the page.

Benefits go beyond housing

Holistic and Deep Building Retrofits

A large part of our capital repair work focuses on holistic repairs on high and mid-rise buildings. This type of retrofit often involves deep building upgrades that can include repairs to structure, heating systems, electrical systems, and exteriors including roof and cladding. Holistic retrofits are strategic investments that substantially improve buildings to like-new conditions for the greatest number of tenants.