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Municipalities hold billions of development charges unspent amid Ontario housing crisis due to provincial legislation

Jones said that the municipalities are doing their best to use these funds, but the process for handling them is highly regulated under the Development Charges Act, which dictates exactly how municipalities can collect and spend this money.

Published Oct 8, 2024 at 5:49pm

Barbara Patrocinio
By
Barbara Patrocinio
Municipalities hold billions of development charges unspent amid Ontario housing crisis due to provincial legislation

Paul Calandra, Ontario Minister of Municipal Affairs and Housing takes questions from journalists after tabling a bill to return parcels of land to Greenbelt, at Queen's Park in Toronto on Monday, October 16, 2023. Calandra says the province will compensate two municipalities for costs they incurred while working on the now-reversed Greenbelt land removals in their communities.THE CANADIAN PRESS/Chris Young

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