The Real Cost Of Development Charges

Show Notes

What are Development Charges (DC's) and what is the actual impact on housing & the economy. We are also joined by Matt Young of Republic Developments as an expert and advocate of DC's. 

• Development charges are fundamental fees collected from developers to fund municipal infrastructure⁠⁠​
• These charges have risen dramatically and are significantly impacting housing affordability⁠⁠​
• The government is a major beneficiary, collecting substantial revenue through various taxes and fees on new home construction⁠
• ⁠​High development charges actively discourage builders from constructing new homes, affecting housing supply⁠⁠

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