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Federal and Ontario Governments Cut Municipal Development Charges by Up to 50 Percent

The $8.8 billion joint investment aims to halve municipal development charges for three years to lower new home costs and stimulate construction amid housing shortfalls, officials said.

  • The federal and Ontario governments have announced an $8.8 billion plan to halve development charges on new home construction over the next three years, with each contributing $4.4 billion.
  • Ontario Premier Doug Ford stated that municipalities must cut development charges by 50% to receive funding, with non-compliant municipalities not receiving any money.
  • Development charges in Toronto for detached single-family homes have increased drastically since 2011, rising from $14,000 to nearly $138,000, significantly adding to new home costs.
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The Lethbridge HeraldThe Lethbridge Herald
+5 Reposted by 5 other sources
Lean Left

Feds, Ontario pool $8.8B for housing infrastructure to cut development fees

OTTAWA — The federal and Ontario governments said Monday they will together invest billions of dollars in local infrastructure spending to help cities cut

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  • 83% of the sources lean Left
83% Left

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iPolitics broke the news in Canada on Monday, March 30, 2026.
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