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ARTICLE · 03 OCTOBER 2022

Growth Funding Tools: Key Provisions That Toronto Developers, Stakeholders Need To Know

Aird & Berlis LLP
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On August 15, 2022, Toronto City Council adopted a series of by-laws to bring into effect the following growth funding tools.

CanadaCorporate/Commercial Law
Maggie Bassani
Maggie Bassani
Sidonia J. Tomasella
Sidonia J. Tomasella
Jasmine C. M. Fraser
Jasmine C. M. Fraser
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Overview

On August 15, 2022, Toronto City Council adopted a series of by-laws to bring into effect the following growth funding tools ("GFT"):

This bulletin provides a high-level overview of the key provisions that developers and other stakeholders in the development industry should be aware of.

For additional background, the Municipal and Land Use Planning Law Group has written on this topic on previous occasions here (September 25, 2020), here (April 14, 2022), and here (April 25, 2022) leading up to the adoption of the GFT by-laws.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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