Ottawa council approves development charge increases despite potential impact on federal funding | Unpublished
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Source Feed: The Globe and Mail
Author: NATHAN FUNG
Publication Date: May 15, 2024 - 20:37

Ottawa council approves development charge increases despite potential impact on federal funding

May 15, 2024
The City of Ottawa has approved a bylaw that will increase development charges on new housing construction, which means the municipality could lose out on accessing money from a multi-billion federal infrastructure fund.At a city council meeting Wednesday, some of the Ottawa councillors said they reluctantly voted in favour of the bylaw, which will add up to $6,200 to the cost of a single-family home, because there were not a lot of other options at their disposal to pay for city infrastructure – echoing longstanding complaints from local governments that they need new ways to raise money.


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