The Association of Municipalities of Ontario has said the new law could leave municipalities short $5 billion and see taxpayers footing the bill
— either in the form of higher property taxes or service cuts — to pay for infrastructure that supports new housing. It has also said there is nothing in the bill that would guarantee improved housing affordability.Article content
Ford said Mississauga has increased its fees on new homebuyers by nearly 30 per cent in the last two years and that makes it difficult for people to buy a home. He also accused Mississauga of not fully spending the development charge revenues it gets now, saying the city is sitting on millions of dollars in development charge reserves.
Crombie said development charges do go into reserves, but municipalities are not simply sitting on the money, rather they are treated like savings going toward future long-term projects, akin to a homeowner saving up for a new roof.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ontario Premier Doug Ford to make an announcement in BramptonOntario Premier Doug Ford is set to make an announcement later today with Transportation Minister Caroline Mulroney.
Read more »
Ontario brewery taking heat after Doug Ford stopped by for a visitA local brewery in Ontario is facing heavy backlash after Premier Doug Ford popped in for a visit this week. Four Fathers Brewing Co., located in ...
Read more »
Doug Ford tells Mississauga Mayor Bonnie Crombie to stop 'whining and complaining' over housing planPremier Doug Ford zooms in on Mississauga mayor in opposition to his provincial housing legislation, tells her to get on board.
Read more »
Doug Ford denies he’s ‘trampling on democracy’ with strong-mayor powers for John ToryPremier Doug Ford insists it is not “trampling on democracy” to give Toronto Mayor John Tory the power to ram through bylaws with the backing of only one-third of city council.
Read more »
Doug Ford wants to pave paradise — and NIMBYism helped him do itThis is hardly the first time that Ford’s government has made decisions about the Greenbelt that seem disproportionately beneficial to a small group of developers, writes columnist Max Fawcett.
Read more »
Ontario's Doug Ford among lowest ranking premiers in Canada, survey findsA new survey suggests Doug Ford is continuing to “endure low approval” in Ontario, making him one of the lowest ranking premiers in the country.
Read more »