'Deal killer': Builders fume over city hall's 11.6% development-fee hike
'For us, this is a deal killer'
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'For us, this is a deal killer'
On October 7, 2021, the Ministry of Municipal Affairs and Housing (MMAH) announced two proposed legislative changes that will affect land use planning processes and costs in Ontario....
To print this article, all you need is to be registered or login on Mondaq.com. 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 provid...