Housing bill could have 'dramatic' impact on city finances, says Sutcliffe

By Trevor Pritchard, CBC News Ottawa, November 25, 2022

Ottawa's mayor is urging the province to consider the "dramatic financial implications" a controversial new housing bill could have on the city's coffers, and to give people more time to weigh in on it.

In a letter sent Friday to Steve Clark, Ontario's minister of municipal affairs and housing, Mayor Mark Sutcliffe says Bill 23 could create a shortfall of tens of millions of dollars over the next decade or so.

...Sutcliffe also said that while he shared the province's goal of building more homes, certain aspects of the bill could be improved, particularly around protecting the environment and preserving historic properties.

Find the whole article here.

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