By Canadian Press & Anil Jhalli, City News
Ontario has passed a bill intended to spur housing development amid criticism that it will leave municipalities short billions of dollars, increase property taxes and reduce the role of conservation authorities.
Bill 23, the 'More Homes Built Faster Act 2022' proposes changes to several acts and regulations including the Development Charges Act, Planning Act, Municipal Act and others.
The Ontario government is working to meet it's goal of building 1.5 million homes in the next decade and make housing more affordable.
One of the most controversial aspects of the bill is freezing, reducing and exempting fees developers pay.