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The $10 Billion question: Are Ontario’s DCs fuelling the housing crisis?

Municipalities often collect DCs years before the associated infrastructure projects are even started. The result is a growing pile of cash, while communities wait for roads, sewers, and parks to catch up with new developments.

Barbara Patrocinio
Barbara Patrocinio
The $10 Billion question: Are Ontario’s DCs fuelling the housing crisis?

The Canadian Real Estate Association says the number of homes sold in October rose 30 per cent compared with a year ago, marking a shift from the national market's holding pattern that the association has previously described.Real estate sale signage is shown on a street in Oakville, Ont., west of Toronto, on Thursday, Nov.7, 2024. THE CANADIAN PRESS/Richard Buchan