TORONTO - It has been more than three months since Ontario promised to make municipalities “whole” on a loss of development charge revenue due to a ne...
TORONTO - It has been more than three months since Ontario promised to make municipalities “whole” on a loss of development charge revenue due to a new provincial law, and they say they’re concerned they’ve seen little to no movement.
In late November he announced a third-party audit of “select” municipalities “to get a factual understanding of their finances.” “We’re eager to find out what the province meant by its November 30th letter. We’ve followed up, we’ve asked, we’ve mentioned it in our pre-budget submission. We have been relentlessly asking the question, ‘What is meant by offsetting the costs of development charges?’ And we are waiting to hear.”
“I can ensure 120,000 - 12,000 per year - permits are given to the developers who are requesting them,” she said in an interview. “However, we’re not the ones who actually put shovels in the ground.”
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