Proposed Development Charges Act changes (the proposed More Homes for Everyone Act, 2022)
Bill or Act:
Development Charges Act, 1997
Summary of Decision:
On April 14, 2022 Bill 109, the More Homes for Everyone Act, 2022, received Royal Assent.
Amendments to the Development Charges Act will improve transparency of reporting on development charges (DCs) and make this information more accessible to the public. The amendments require that a treasurer's statement be made available to the public on a municipality's website, or in the municipality's office if no such website exists. The treasurer's statement must also be made available in any manner as may be prescribed in the future.
The Ministry of Municipal Affairs and Housing posted the legislative proposal to the Regulatory Registry on March 30, 2022. Comments received from stakeholders were generally supportive and welcomed changes to increase transparency.
This change will enhance transparency and accountability of development charges by enhancing municipal reporting requirements.
Analysis of Regulatory Impact:
The proposed amendment would apply to all Ontario municipalities that have a development charge by-law. It would provide increased transparency by specifying how reporting on development charges is to be made available to the public (i.e., on a municipal website).
Municipalities are already required to make these statements available to the public. However, the medium to do so is not specified. It is anticipated that the financial impact on the municipal sector is expected to be minimal.
March 30, 2022
Summary of Proposal:
Update: Bill 109, the More Homes for Everyone Act, 2022 was passed by the Legislature and received Royal Assent on April 14, 2022. Please consider submitting comments on other related postings (https://ero.ontario.ca/notice/019-5283) and/or providing your comments directly to the Ministry at email@example.com.
Ontario is the best place to live, start a business and raise a family - but we can only build on our success if all Ontarians and their families are able to find a home that's right for them. The province's housing policies are working to get more homes built faster, but too many Ontarians still struggle to find a home. We are introducing More Homes for Everyone, that proposes targeted policies for the immediate term that make housing fairer for hard-working Ontarians and make it faster to build the homes that families need and deserve.
Addressing the housing supply crisis is a long-term strategy that requires long-term commitment and co-ordination from all levels of government.
The Task Force report is our long-term housing roadmap. Similar to Ontario's approach with regular Red Tape Reduction bills, the province is committed to implementing the Task Force's recommendations with a housing supply action plan every year over four years, starting in 2022-2023, with policies and tools that support multi-generational homes and missing middle housing.
As part of More Homes for Everyone, Schedule 2 of Bill 109 proposes to make a change to the Development Charges Act, 1997.
The proposal, if passed, would improve transparency of reporting on development charges. The proposed amendments would specify that treasurers' statements are to be made available to the public on a municipality's website, or in the municipality's office if no such website is available, and in any manner as may be prescribed in the future.
Director, Municipal Finance Policy Branch
Royal Assent Date:
April 14, 2022