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Up until now, developers have been able to input the costs of
existing bonusing by-laws (i.e., development charges and parkland
by-laws) into their pro forma when the amount has been finalized.
However, these amounts have been dependant on individual ward
councillors, whom have been given great amounts of discretion by
their municipalities. The result has been varying amounts of
charges and a degree of unpredictability, even for adjacent
lots.
The new community benefit charges regime provides certainty to
these exercises and the development process.