The mayor said the Ontario government’s move to cut development charges on lower-priced housing could be a good idea to encourage construction, but that Toronto can’t be made to bear the financial shortfall
A provincial government proposal to cut the fees municipalities can charge developers who build affordable housing could cost Toronto hundreds of millions of dollars a year, Mayor John Tory warned.said Wednesday that the Ontario government’s move to cut development charges on lower-priced housing could be a good idea to encourage construction, but that the city can’t be made to bear the financial shortfall.
Alex Bozikovic: No reason to believe Ontario’s plans to increase some mayors’ power is about fixing housing Building a second or third unit in an existing detached, semi-detached or rowhouse would also be exempt from fees. Rental construction would get a discount on development charges, rising to as much asThe Association of Municipalities of Ontario warned that changing how development charges are levied may be at odds with the goal of getting housing built.
“Building homes is important, but so is the proper infrastructure to support them,” Mississauga Mayor Bonnie Crombie said in a statement. Asked about the budget shortfall the measure would create for municipalities, Minister of Municipal Affairs and Housing Steve Clark said in the legislature Wednesday the province hoped the federal government could assist through its $4-billion Housing Accelerator Fund.