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On June 8, 2023, Bill 97, the Helping Homebuyers, Protecting Tenants Act, 2023 Bill 97 received royal assent. Bill 97 was initially introduced April 6, 2023 as part of Ontario's Helping Homebuyers, Protecting Tenants housing supply action plan the Plan, the next step in the provincial government's continued efforts to build 1.5 million homes by 2031.
The Monmouth City Council has increased its charges on new construction, bringing the total increase over the past two years to 23 percent. Higher charges are necessary to offset the
Reportedly, the urban development cess had been increased in the Sehore municipality in December 2021 during the administrator’s tenure.
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Report to the public works committee comes just as the province’s controversial Bill 23, the More Homes Built Faster Act, threatens to strip the municiplaity of development charge revenue needed for nearly $2 billion in new infrastructure
Residents and builders encouraged to take advantage of lower rates being charged now, city says.