Cities protest ‘staggering’ losses Ford government’s Ontario housing bill could cause
“This is incentivizing profitability to the development community on the backs of municipalities. We won’t be able to pay for infrastructure — roads, sewers, bridges, etc. — and it doesn’t address making housing more affordable.”
The proposed legislation would also compel cities to allocate or spend 60 per cent of the money developers give them for parks within a year. That change, Crombie said, could make finding park space with the drastically reduced funds even harder. Mayor John Tory has expressed support for many aspects of the Ford government’s overhaul which has handed him strong mayor powersOntario will need 1.5M homes built in next decade with half in Peel, York and Toronto: report
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