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- 5 Things You Should Know About the $8.8B Ontario-Federal Deal to Slash Development Charges
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5 Things You Should Know About the $8.8B Ontario-Federal Deal to Slash Development Charges

Premier Ford and Mark Carney just signed an $8.8 billion, 10-year deal to cut development charges by up to 50% across Ontario municipalities. Cities that slash those fees get direct cash for roads, water, and transit; no cuts, no money. The savings flow straight to builders and, in a competitive market, straight to you.
Development charges have been one of the biggest hidden cost drivers in new-home prices. This three-year phased reduction, stacked with the HST rebate above, is already generating serious buzz.


