City council is expected to vote June 27 on whether to freeze this year’s development charges at last year’s rates instead of proceeding with an almost 10-per-cent rate increase
Rather than proceed with an automatic 9.9-per-cent 2023 development charge increase on July 1, city council is scheduled to instead vote on a proposed rate freeze next month.
“We are in the midst of a housing crisis,” Fortin said. “Rising the rates by 9.9 per cent will not help the situation.” Back when the development charges bylaw was drafted pre-pandemic, Fortin said she suspects no one at city hall could have predicted the construction index increasing by such a degree seen in recent years.
During her remarks, Ward 9 Coun. Deb McIntosh clarified that she was supporting the motion because of the information it will provide city council, at little cost to the city. A development charges freeze was put in place in 2016, McIntosh said, but it wasn’t clear whether it had a positive effect on development of the day. Charges increased again in 2017.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Comedy performer Jimmy Flynn on Sudbury stage June 3With 35 years of comedy and songs under his belt, Jimmy Flynn has one rule: have a good time
Read more »
Vital People: Gutsy Walk for Crohn's and Colitis is June 4Crohn’s and colitis affect one in every 140 Canadians so this year's Gutsy Walk is hoping to raise money and awareness.
Read more »
B.C.'s minimum wage to be highest among provinces starting June 1B.C. has the second highest minimum wage in the country as of June 1.
Read more »
B.C.'s minimum wage to be highest among provinces starting June 1B.C. has the second highest minimum wage in the country as of June 1.
Read more »
Gold price trades below $1,950 ahead of Congress debt ceiling vote and June Fed decision
Read more »
Your June 2023 Horoscope Is Here | Elle CanadaThe month is June is almost upon us, but a new horoscope sign is here. Find out what the stars have in store for you this Gemini 2023 season.
Read more »