Regulation - LGIC
Proposed Extension of Municipal GO Transit Development Charge By-Laws
Regulation Number(s):
528/06
Instrument Type:
Regulation - LGIC
Bill or Act:
Metrolinx Act, 2006
Summary of Proposal:
The proposed Regulatory amendment, if approved, would extend the expiry date that enables the municipalities of Toronto, Hamilton and the Regions of Durham, Halton, Peel and York to impose development charge by-laws towards Metrolinx's GO Transit's growth capital costs to December 31, 2022.
Context
Since 2001 the Greater Toronto and Hamilton Area (GTHA) municipalities of Hamilton and the Regions of Durham, Halton, Peel and York have had development charge by-laws to support annual contributions towards GO rail and bus capital costs resulting from population growth. Funds collected under this regulation are remitted directly to Metrolinx.
Toronto currently has no development charge by-law in place to support annual contributions towards Metrolinx's GO Transit capital costs.
Development charges are an important municipal tool through which new developers contribute to growth-related capital costs of expanding infrastructure to service new developments.
Context
Since 2001 the Greater Toronto and Hamilton Area (GTHA) municipalities of Hamilton and the Regions of Durham, Halton, Peel and York have had development charge by-laws to support annual contributions towards GO rail and bus capital costs resulting from population growth. Funds collected under this regulation are remitted directly to Metrolinx.
Toronto currently has no development charge by-law in place to support annual contributions towards Metrolinx's GO Transit capital costs.
Development charges are an important municipal tool through which new developers contribute to growth-related capital costs of expanding infrastructure to service new developments.
Analysis of Regulatory Impact:
N/A
Further Information:
Proposal Number:
19-MTO030
Posting Date:
October 9, 2019
Comments Due Date:
November 12, 2019
Contact Address:
Ministry of Transportation
Policy and Planning Division
Transit Policy Branch
30th Floor
777 Bay Street
Toronto, ON
M7A 2J8
Policy and Planning Division
Transit Policy Branch
30th Floor
777 Bay Street
Toronto, ON
M7A 2J8