Ontario mayors split on shaving development charges to build housing, with some reluctant to take on Carney-Ford pledge
The federal and Ontario governments have pledged a combined $8.8-billion over a decade, but said some of the falling revenues from cuts to development charges must be funded by the municipalities.
Prime Minister Mark Carney and Ontario Premier Doug Ford's strategy to cut development charges by 50 per cent for three years to push housing starts has received mixed reviews from Ontario municipalities, with some welcoming the decision while others express doubts about its...
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