Doug Ford:  Bill 23: Are New Property Tax Hikes On The Way? thumbnail

Doug Ford: Bill 23: Are New Property Tax Hikes On The Way?

Published Apr 06, 23
1 min read

Doug Ford: Bill 23: Changes To Development Charges

Bill 23 in Ontario: the More Homes Built Faster Act, 2022 receives Royal  Assent - LexologyBill 23: A Guide to Ontario's New Housing Legislation The Narwhal


Where a rezoning or even website prepare approval is actually approved, the calculation is going to stay frosted for two years. The different cost has actually been lowered to one hectare for each 600 internet residential systems if property is actually taken, as well as one hectare for each and every 1,000 internet residential systems for cash-in-lieu of park, as well as is actually topic to a limit of 10 per penny of the land for lands 5 hectares or much less, and also 15 every cent of the property for lands higher than 5 hectares. Bill 23 Ottawa.

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The listing of such towns might be increased through guideline. On the time that stipulations pinpointing "upper-tier municipalities without planning duties" entered into effect, any sort of portion of the upper-tier district's main plan which puts on a lower-tier town is deemed to make up a formal planning of the lower-tier district until the lower-tier community revokes or amends it.