US EditionThe City Of Toronto Could Soon Freeze Development Charges
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The City Of Toronto Could Soon Freeze Development Charges
Development charges are front and centre in talks of Canada’s homebuilding industry. Of course, so is the narrative that we need to build as many homes as possible to avoid a pending supply crisis. The reality is that the embattled home development industry – already facing obstacles like labour shortages, high interest rates, and climbing construction costs – cites development fees as a major culprit that prevents the construction of new homes,…
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