Development Charges
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Development charges might be adding 8-16% to home prices, CMHC data showsThe development charges can vary greatly from city to city, the Canada Mortgage and Housing Corporation report found.EconomyDec 4
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Hamilton to begin ‘gradual phase-out’ of development charge discounts for buildersHamilton mayor Andrea Horwath says the gradual shift away is to "strike that balance" between policies and taxation to fight a housing crisis and maintain infrastructure.PoliticsMay 9, 2024
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Development charges to rise, Guelph mayor warns it won’t make up shortfallDevelopers are expected to pay $14,000 more for a home, and up to $10 per sq. ft. more for non-residential units.CanadaJan 19, 2024
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Ontario cancels municipal audits launched to understand impacts of its housing lawsThe announcement came alongside confirmation the Ford government would reverse its decision to dissolve the Region of Peel and would revoke some minister’s zoning orders.PoliticsDec 13, 2023
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Bill 23 to cost City of Peterborough millions in development charges revenue: staff reportA report by City of Peterborough staff evaluated three elements of Bill 23 and estimate the city will lose $7 million to $12 million in development charges over a five-year period.EconomyJan 19, 2023
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Hamilton councillors say passing of Ontario bill speeding up home construction ‘will cost the city’A number of Hamiltonians stepped forward at city council on Tuesday and expressed anger and frustration with Ontario's Bill 23 speeding up home construction in the province.CanadaNov 30, 2022
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Ontario promises to fund portion of Toronto shortfall, will audit city financesIn a letter to Toronto Mayor John Tory, Minister of Municipal Affairs and Housing, Steve Clark, promised help with the city's 'distinct budgetary challenges.'PoliticsNov 30, 2022
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Guelph mayor in favour of most proposed legislation to build more housingCam Guthrie says getting 18,000 more homes built in Guelph is attainable but has second thoughts about eliminating municipal development charges.CanadaOct 31, 2022
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City of Guelph says increase to development charges is ‘unusually high’The City of Guelph says an increase to its development charges rates are unusually high this year due to the COVID-19 pandemic.PoliticsFeb 24, 2022
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