The Ontario Progressive Conservative party says, if elected, it will build 1.5 million homes across the province over the next decade.
PC Leader Doug Ford made the announcement Saturday during a campaign stop in London.
He said a re-elected PC government would continue to work with municipalities to significantly accelerate the permitting and approvals of new home and rental construction.
"A re-elected PC government would also update its Housing Supply Action plan annually to identify and implement additional levers that will get more homes built faster," said Ford.
During the campaign stop, Residential Construction Council of Ontario President Richard Lyall endorsed the Progressive Conservative Party and Doug Ford.
He said the PC party is the only party addressing the housing crisis with a sensible plan.
"This type of forward-thinking action is needed to tackle the housing crisis," said Lyall.
To protect Ontario home buyers, Ford said the PCs would protect homebuyers by cracking down on permit speculators who are "choking" the supply of new homes and driving up costs.
"We'll stop at nothing to make sure we address the housing crisis in Ontario," said Ford. "Friends, it's about supply and demand. At a time when our province is growing, as we welcome more families, we need to build more homes. We've come a long way. Our PC government broke ground on a record number of new homes with 100,000 new homes in 12 months."
Ford also touted investing another $160 million dollars to improve the speed and frequency of the GO Train from London to Toronto.
"This city has a really bright future, a future full of opportunity," said Ford.