DCs are upfront fees charged by municipalities and that are initially paid for by developers for each new unit they build, but ultimately get paid for by the buyers of new homes. They are supposed to be charged to cover the proportionate infrastructure costs such as new roads and water and sewer connections, but have grown to cover much more than their fair share.
Tag: federal government role in housing
Evaluating the Liberal Party’s Housing Policies and “Building Canada Strong” Housing Plan
Last updated: April 1, 2025 The Liberal Party's Housing Plan, as found here (March 31, 2025). The Liberal Party’s “Building Canada Strong” housing plan (the Plan), announced on the election campaign trail, vows to double the pace of construction by getting the government back in the business of home building, cutting red tape to make…
How lowering the GST on new homes can help affordability while increasing revenue for government
Government taxes and fees are a major contributor to high house prices, making up as much as 31 percent of the sale price of a home in some regions. And while most of these taxes come at the municipal level, GST (and in some provinces, HST) is also charged. One of the ways the Federal…
Post Election: Next Steps for Housing in Canada
When looking at the results, Canadians may assume that not much changed between the 2019 and 2021 federal elections. But when it comes to housing issues, a lot did change. Housing was top of mind for voters and political parties with unprecedented urgency, and was covered extensively in the media. One of the biggest…