London Mayor Optimistic as Details Emerge About $8.8B Plan to Slash Development Charges on New Homes in Ontario
The three-year program will let municipalities apply for infrastructure funding as officials aim to cut fees that have pushed up new-home costs.
- The $8.8 billion Development Charge Reduction Program opened applications on Tuesday, aiming to reduce DCs by 30 to 50 per cent in Ontario's fastest-growing municipalities over three years.
- Over the last 15-20 years, DCs have hit record highs, with some regions experiencing as much as a 1,000 per cent increase in fees that are passed down to homebuyers.
- Ontario Minister of Municipal Affairs and Housing Rob Flack said the program will make a "life-changing difference" for families, as the residential construction industry contributes more than $66.6 billion to the provincial economy.
- Municipalities can apply for funding through June 19 for shovel-ready infrastructure projects, with selection prioritized by committed rate reduction percentage and projected home construction numbers.
- Since 2007, the Ontario Home Builders and the Building Industry and Land Development Association members have built more than 700,000 homes across more than 500 Ontario communities.
20 Articles
20 Articles
Cambridge Times
TRREB Welcomes Launch of Ontario–Canada Development Charges Reduction Program
TORONTO, June 02, 2026 (GLOBE NEWSWIRE) -- The Toronto Regional Real Estate Board (TRREB) welcomed the launch of the Ontario–Canada Development Charges Reduction Program, calling it a major step toward lowering housing costs, improving project viability, and accelerating the construction…
Ontario opens applications for new program tied to housing infrastructure
Applications are now being accepted for Ontario’s Development Charge Reduction Program, a federal-provincial initiative designed to lower building costs and accelerate home construction by tying infrastructure funding to municipal fee cuts
The Toronto Star
The building industry applauds Ontario and federal governments for launching the DCs reduction program
Toronto, June 01, 2026 (GLOBE NEWSWIRE) -- The Building Industry and Land Development Association (BILD) and the Ontario Home Builders’ Association (OHBA) applaud today’s announcement by the provincial and federal governments for the Canada-Ontario Municipal Development Charges Reduction Program. This…
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