canadiancontractor
More on the sharp increases in development charges to builders
Last week we reported on municipalities increasing development charges by tens of thousands of dollars
There is some feedback from subscriber Andrew Sefton on our post last week about development charges – skyrocketing in many areas of the country…
“Great issue to address! I have been disappointed that my search for “development charges” (or “regulatory burden”) by municipality is a list that I cannot find. I claim that the cause of the alleged “affordable housing” issue stems from two issues: (a) supply-and-demand, and (b) the high cost of regulation. The development side to construction is not properly getting ahead of the issue to advance the concepts that the government has both reduced the amount of development land (i.e., “green space”) while also increasing regulatory burden upon development (to offset municipal operating and capital costs).”
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try prince Edward county in eastern Ontario
rates are much higher than neighbouring counties and now they can not figure why no one wants to build here??