Bill 23, the province’s More Homes, Build Faster Act, is poised to shift approximately $7.5 million from development-related fees onto Greater Sudbury’s general tax base and water/wastewater rates over the next five years
Municipal property taxes are expected to increase as a result of new provincial legislation pushing for the construction of more homes in Ontario.
That is, “unless the province offers an alternative funding source or city council decides to change the timing or pace of capital investments,” according to the city. “I’m looking forward to having those conversations with the province,” he said. “We know that we have very extensive infrastructure already, and aging infrastructure, so that’s why for us we have to take a really deep dive on how we move forward with it.”
“There are some minor adjustments we’ll have to make to our zoning bylaw, to our development charge bylaw, but principally we’re already doing a lot of the things being contemplated in this bill,” he said at the time. Ward 9 Coun. Deb McIntosh has served as vice-chair of the city’s finance and administration committee for the past eight years. She told Sudbury.com the bill “blindsided” municipalities across the province.
Although she said the city has put several measures in place to eliminate barriers to development, more funding from senior levels of government is needed to spur construction of more affordable housing.
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