Region of Peel Cuts Development Charges by 50 per Cent

Region of Peel cuts development charges by 50 per cent

A game-changer for housing in the GTA

Ontario Can’t Compete Without More Homes, York Region Must Cut Development Charges Now

This article was submitted by John DiMichele, CEO, Toronto Regional Real Estate Board (TRREB).York Region is home to some of the most desirable communities in Canada. But increasingly, this Region is facing a combination of challenges that pose significant risks to its residents and economic outlook, namely high home prices, falling housing starts, and some of the highest development charges (DCs) in the country.Now is the time to consider a cha…