Municipalities feeling impacts of new housing law

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More than three months after Ontario promised to make municipalities 'whole' on a loss of development charge revenue, municipal politicians say they've yet to see any movement

TORONTO — It has been more than three months since Ontario promised to make municipalities "whole" on a loss of development charge revenue due to a new provincial law, and they say they're concerned they've seen little to no movement.

In late November he announced a third-party audit of "select" municipalities "to get a factual understanding of their finances." "We're eager to find out what the province meant by its November 30th letter. We've followed up, we've asked, we've mentioned it in our pre-budget submission. We have been relentlessly asking the question, 'What is meant by offsetting the costs of development charges?' And we are waiting to hear."

"I can ensure 120,000 - 12,000 per year - permits are given to the developers who are requesting them," she said in an interview. "However, we're not the ones who actually put shovels in the ground."

 

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It was and is a cash grab by the municipalities!

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Municipalities feel impacts of Ford government's housing law, worry over little audit progress | CBC NewsIt has been more than three months since Ontario promised to make municipalities 'whole' on a loss of development charge revenue due to a new provincial law, and they say they're concerned they've seen little to no movement. They’re surprised? Municipalities should increase building permits to offset lost development charges income. I blame liberals. All of them. Only liberals for the disaster they cause.
Source: CBCNews - 🏆 2. / 99 Read more »