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ARTICLE · 18 APRIL 2022

Community Benefits, Development Charges And Parkland Dedication: Draft Details Now Available

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On September 25, 2020, the Municipal & Land Use Planning Group provided an update with respect to the proclamation of Bill 108, which received Royal Assent on June 6, 2019...

CanadaReal Estate and Construction
Aird & Berlis LLP
Aird & Berlis LLP
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On September 25, 2020, the Municipal & Land Use Planning Group provided an update with respect to the proclamation of Bill 108, which received Royal Assent on June 6, 2019, as the More Homes, More Choice Act ("Bill 108"), and Bill 197, which received Royal Assent on July 21, 2020, as the COVID-19 Economic Recovery Act ("Bill 197").

Bill 108 and Bill 197 made amendments to the Planning Act and the Development Charges Act, 1997, with respect to how municipalities generate funding from development in respect of three primary growth funding tools: Development Charges, Community Benefits Charges and Alternative Parkland Dedication Rate. The new framework is intended to provide more certainty and predictability regarding the costs of development.

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