OTTAWA — The federal housing agency says slashing municipal development charges won’t be enough on its own to make homes affordable again across Canada. Development charges are fees cities impose on developers and are mainly used to pay for infrastructure that supports new builds. The federal government is spending billions of dollars to encourage municipalities […]
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Slashing development fees is not a cure-all for housing affordability: CMHC
OTTAWA — The federal housing agency says slashing municipal development charges won’t be enough on its own to make homes affordable again across Canada. Development charges are fees cities impose on developers and are mainly used to pay for infrastructure that supports new builds. The federal government is spending billions of dollars to encourage municipalities […]
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CMHC OTTAWA homes affordable housing affordability housing agency make homesGlobal Coverage
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