Bill 23: Development Charge Cuts to Developers
Legislation cut development charges by billions of dollars, shifting infrastructure costs from developers to municipalities and taxpayers.
🏠 An in effect Housing policy from October 2022 · Implemented · Well sourced
Updated · Created
"Building Homes Faster"
Reducing development charges through the "More Homes Built Faster Act" to make housing construction more affordable and increase supply.
"$5 Billion Shifted from Developers to Property Taxpayers"
Cutting the fees developers pay for roads, sewers, and parks needed to service new construction. The costs don't disappear — they're transferred to municipalities and existing homeowners through property tax increases or service cuts. No mechanism ensures developers pass savings to buyers.
- AMO estimated $5.1 billion in costs shifted to municipalities over nine yearssource
- No requirement that developer savings be passed to homebuyers — housing prices remained among the highest in Canadasource
- Bill also weakened conservation authorities and reduced affordable housing requirementssource
- AMO: growth should pay for growth — changes shift burden onto existing taxpayerssource
This section represents editorial interpretation of documented evidence.
Figures are approximate, using publicly available Ontario cost data.
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