OPINION: What lessons can we learn as we work to improve development charges? (opens original article in a new tab)

Ontario's development charges are being temporarily reduced, but experts argue for permanent reforms to ensure fairer cost distribution for homebuyers.

• Municipal development charges (DCs) in Ontario are being reduced by 30-50% for three years under a federal-provincial program.
• DCs are one-time fees paid by developers, which get passed on to homebuyers, adding up to $130,000 for single-family homes and $80,000 for condos in some areas.
• The article argues for permanent reforms to DCs, suggesting infrastructure costs should be spread over decades rather than paid upfront by homebuyers.