Comment
Bill 23 would jeopardize the ability of municipalities to use development charges as intended – to gather funds for large infrastructure projects to accommodate and support growth. It would do this by requiring municipalities to spend or allocate 60 per cent of reserve funds each year. This would make it impossible for municipalities to plan for creation of major affordable housing units through reserve funds gathered for that purpose.
Submitted December 9, 2022 5:05 PM
Comment on
Proposed Planning Act and Development Charges Act, 1997 Changes: Providing Greater Cost Certainty for Municipal Development-related Charges
ERO number
019-6172
Comment ID
81054
Commenting on behalf of
Comment status